# MACD-V Histogram

The MACD-V Histogram is a natural extension of the work done on the [the MACD-V](https://chartschool.stockcharts.com/table-of-contents/technical-indicators-and-overlays/technical-indicators/macd-v).

The MACD-V Histogram is constructed using the following formula.

```
MACD-V = [(12-period EMA – 26-period EMA)/ATR (26)] * 100
Signal line = 9-period EMA of MACD-V
Histogram = MACD-V – Signal Line
where
EMA = exponential moving average
```

1. **RISK.** The market is considered to be in short-term risk (oversold) when the MACD-V Histogram is < -40
2. **RISK.** The market is considered to be in short-term risk (overbought) when the MACD-V Histogram is > 40

## Using MACD-V Histogram in StockCharts ACP <a href="#using_macd-v_histogram_in_stockcharts_acp" id="using_macd-v_histogram_in_stockcharts_acp"></a>

The MACD-V Histogram is available as a standard indicator in StockCharts ACP. To access it:

1. Select Chart Settings
2. Scroll down the list of Standard Indicators and select MACD-V Histogram
3. You can change the MACD-V Histogram parameters by selecting the settings icon next to the indicator name.

<figure><img src="https://436553459-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FERtrZrZOhufFzk6ZQO4B%2Fuploads%2FBF562ZypJGT4iYKCHhsz%2Fmacd_v_histogram.jpg?alt=media&#x26;token=81f99ff8-6929-410f-a306-769790b0e7c4" alt=""><figcaption><p>MACD-V Histogram applied to SPY in StockChartsACP</p></figcaption></figure>
