Alpha Hunter Integrated MACD & Oscillator [wjdtks255]

Indicator Title: Alpha Hunter Integrated MACD & Oscillator Pro
Short Description
A high-precision hybrid oscillator that integrates MACD dynamics with a secondary-smoothed histogram to eliminate market noise and capture trend reversals with minimal lag.

Detailed Description
Overview
The Alpha Hunter Integrated MACD & Oscillator is designed to overcome the inherent lag of standard MACD indicators. By applying an exponential moving average (EMA) filter to the histogram itself and incorporating a momentum direction check, this tool identifies high-probability entry points while filtering out "whipsaws" commonly found in choppy markets.

Key Technical Pillars
Dual-Smoothed Histogram: Unlike standard oscillators, this script smooths the raw histogram values using a secondary filtering period. This reveals the true underlying momentum before price action fully shifts.

Momentum Directional Filter: Entry signals are only triggered when the MACD line’s slope aligns with the crossover, ensuring you don't enter against a stalling trend.

Dynamic Trend Clouds: The visual fill between the MACD and Signal lines acts as a "Trend Cloud," providing immediate visual feedback on the strength and duration of the current trend.

The Winning Trading Strategy (How to Use)
To maximize win rates, it is highly recommended to use this indicator as a Confirmation Oscillator alongside a Long-term Trend Filter (like a 200 EMA) on your main chart.

1. Long Setup (Buy)
Context: Price must be trading above the 200 EMA on the main chart.

Signal: A green "BUY" triangle and label appear on the oscillator.

Confirmation: The Histogram should be green and rising.

Exit: Exit at a pre-defined Take Profit (TP) box or when a bearish MACD crossunder occurs.

2. Short Setup (Sell)
Context: Price must be trading below the 200 EMA on the main chart.

Signal: A red "SELL" triangle and label appear on the oscillator.

Confirmation: The Histogram should be red and falling.

Exit: Exit at the designated Stop Loss (SL) or when a bullish MACD crossover occurs.

Input Parameters & Optimization
Fast/Slow/Signal: Default 12, 26, 9. (Standard for most markets).

Signal Smoothing: Set to 5 for a balance of speed and reliability. Increase to 8+ for swing trading on higher timeframes.

Recommended Timeframes: 15m, 1h, and 4h for the best signal-to-noise ratio.

Author's Note
This indicator is a "No-Repaint" script. Signals are confirmed at the close of the candle to ensure reliability during live trading. Always use proper risk management.