OPEN-SOURCE SCRIPT
ADX Trend Visualizer with Dual Thresholds
ADX Trend Visualizer with Dual Thresholds
A minimal, color coded ADX indicator designed to filter market conditions into weak, moderate, or strong trend phases.
Uses a dual threshold system for separating weak, moderate, and strong trend conditions.
Color coded ADX line:
Two horizontal reference lines plotted at threshold levels
Optional +DI and -DI lines (Style tab)
Recommended Use:
This trend validator helps highlight strong directional moves and avoid weak market conditions
A minimal, color coded ADX indicator designed to filter market conditions into weak, moderate, or strong trend phases.
Uses a dual threshold system for separating weak, moderate, and strong trend conditions.
Color coded ADX line:
- Green– Strong trend (above upper threshold)
- Yellow – Moderate trend (between thresholds)
- Red – Weak or no trend (below lower threshold)
Two horizontal reference lines plotted at threshold levels
Optional +DI and -DI lines (Style tab)
Recommended Use:
- Use on higher time frames (1h and above) as a trend filter
- Combine with entry/exit signals from other indicators or strategies
- Avoid possible false entries when ADX is below the weak threshold
This trend validator helps highlight strong directional moves and avoid weak market conditions
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.