Zero-Lag MACD indicator for Quantower

Accelerated Trend Detection Without the Noise

The Zero-Lag MACD for Quantower is a modernized momentum and trend indicator that enhances the traditional MACD by drastically reducing lag, giving traders a sharper, faster view of market direction and momentum shifts.

Developed using the Pine Script code by "albert.callisto" (Zero-Lag MACD Enhanced v1.2) and based on the concepts of John Ehlers and Rick Way, this Quantower-native version brings the power of zero-lag analysis to your desktop, enabling smarter, faster trading decisions.

Whether you're scalping intraday or confirming swing trade setups, the Zero-Lag MACD helps you stay closer to price action — without the sluggish delays of the standard MACD.

Key Features

• Zero-Lag Smoothing Algorithm
  Tracks price more closely than traditional MACD, reducing signal delays while retaining core trend detection functionality.
• Histogram Momentum Display
  Color-coded histogram bars reflect bullish and bearish momentum strength — ideal for spotting divergences and early trend shifts.
• Fully Customizable Colors & Styling
  Users can now personalize positive and negative histogram colors to match light or dark themes in Quantower. (Fixed in v1.6)
• Directional Histogram Coloring (v1.6 Update)
  Dynamic color control added for histogram bars, with better visibility across all color schemes.
• Built on Enhanced TradingView Logic
  Faithful to the logic in "albert.callisto's" TradingView version, with additional improvements for stability and visual clarity on Quantower.

How It Works

1. Zero-Lag MACD Calculation:
   Applies a refined MACD formula with advanced smoothing to minimize lag and respond more quickly to price shifts.
2. Histogram Visualization:
   The histogram shows the difference between the MACD line and the signal line:
   • Green bars indicate strengthening bullish momentum
   • Red bars indicate rising bearish momentum
   • Colors and intensity dynamically adjust based on your chart theme and settings
3. Crossings Signals:
   The indicator is showing both Long and Short crossing signals through Green and Red dots.
4. Customization-Friendly:
   Every element — including line colors, widths, and histogram color behavior — is adjustable from the Quantower settings window.

Who Is It For?

• Active traders wanting faster MACD signals
• Technical analysts who rely on momentum divergence
• Traders who prefer clearer, theme-compatible visuals
• Quantower users migrating from TradingView environments

Zero-Lag MACD v1.6 Update (July 28, 2025)

• ✅ Fixed issue preventing color customization for histogram bars
• ✅ Added support for dynamic histogram coloring (positive/negative) with improved contrast for light themes
• ✅ Enhanced compatibility with Quantower’s built-in color profiles

Included with Purchase

• Complete Zero-Lag MACD for Quantower
• Pay once, use forever. No monthly subscription. No license limits.