OPEN-SOURCE SCRIPT
hap adx

Adaptive ADX & DI Color Bars – Indicator Description
This indicator is an advanced ADX-based momentum and trend strength visualizer.
Instead of displaying raw ADX and DI values only, it dynamically changes bar colors
based on the relationship between ADX, +DI, and −DI, making market conditions
instantly readable.
Core Logic:
- Rising ADX indicates increasing momentum and trend strength
- Falling ADX signals weakening trend or transition to range
- +DI vs −DI defines bullish or bearish directional control
Color States:
Strong Bullish Trend:
- ADX is rising
- +DI is above −DI
- Shows strong bullish momentum and trend continuation
Weak / Early Bullish:
- +DI above −DI
- ADX flat or weakening
- Trend exists but momentum is not fully confirmed
Strong Bearish Trend:
- ADX is rising
- −DI is above +DI
- Strong bearish dominance and continuation
Weak / Early Bearish:
- −DI above +DI
- ADX weakening
- Selling pressure exists but momentum is fading
No-Trade / Range Zone:
- ADX is low or clearly declining
- +DI and −DI are close or frequently crossing
- Market is ranging or indecisive
Why This Indicator Is Useful:
- Removes the need to interpret raw ADX values
- Visually highlights trend strength, weakness, and transitions
- Helps avoid low-quality trades during weak momentum
- Works perfectly as a trend filter for scalping, day trading, and swing trading
Best Use Cases:
- Trend confirmation
- Momentum filtering
- Entry quality validation
- Avoiding false breakouts in low ADX conditions
This indicator is an advanced ADX-based momentum and trend strength visualizer.
Instead of displaying raw ADX and DI values only, it dynamically changes bar colors
based on the relationship between ADX, +DI, and −DI, making market conditions
instantly readable.
Core Logic:
- Rising ADX indicates increasing momentum and trend strength
- Falling ADX signals weakening trend or transition to range
- +DI vs −DI defines bullish or bearish directional control
Color States:
Strong Bullish Trend:
- ADX is rising
- +DI is above −DI
- Shows strong bullish momentum and trend continuation
Weak / Early Bullish:
- +DI above −DI
- ADX flat or weakening
- Trend exists but momentum is not fully confirmed
Strong Bearish Trend:
- ADX is rising
- −DI is above +DI
- Strong bearish dominance and continuation
Weak / Early Bearish:
- −DI above +DI
- ADX weakening
- Selling pressure exists but momentum is fading
No-Trade / Range Zone:
- ADX is low or clearly declining
- +DI and −DI are close or frequently crossing
- Market is ranging or indecisive
Why This Indicator Is Useful:
- Removes the need to interpret raw ADX values
- Visually highlights trend strength, weakness, and transitions
- Helps avoid low-quality trades during weak momentum
- Works perfectly as a trend filter for scalping, day trading, and swing trading
Best Use Cases:
- Trend confirmation
- Momentum filtering
- Entry quality validation
- Avoiding false breakouts in low ADX conditions
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.