OPEN-SOURCE SCRIPT
ADX/DI Histogram [MTF Advanced]
Institutional Trend Clarity — Without Indicator Overload
Most traders use ADX to measure strength…
But strength alone doesn’t tell you when a move is actually tradable.
This indicator transforms classic ADX/DI into a multi-timeframe alignment engine, giving you a clean, real-time view of:
• Trend direction
• Trend strength
• Participation across timeframes
• Market structure quality
All in one minimal, high-clarity dashboard.
WHAT MAKES THIS DIFFERENT
This is not just another ADX.
It answers a deeper question:
Is the trend actually supported across timeframes—or is it fragile?
By combining:
• ADX (strength)
• DI bias (direction)
• Multi-timeframe stacking
• Participation modeling (PWR)
You get a true structure-based trend read, not just a number.
CORE FEATURES
MTF ALIGNMENT DASHBOARD
Instantly see alignment across three timeframes:
• Direction (▲ / ▼)
• ADX strength
• Participation (● ◑ ○)
No chart clutter. No guesswork.
SMART MARKET STATE CLASSIFICATION
Instead of vague signals, the indicator classifies the environment into clear states:
FULL BULL / FULL BEAR
Strong, aligned trend across all timeframes
Best conditions for continuation trades
BUILDING BULL / BUILDING BEAR
Trend is developing from lower to higher timeframes
Early-stage momentum (often best risk/reward)
WEAK BULL / WEAK BEAR
Direction agrees, but lacks participation
Lower conviction / prone to failure
MIXED
Conflicting structure or broken alignment
Chop / avoid conditions
PARTICIPATION (PWR) SYSTEM
Each timeframe is graded visually:
● Strong participation (ADX above threshold)
◑ Building participation
○ Weak / inactive
This allows you to instantly see whether momentum is:
• Expanding
• Stalling
• Failing
ADX/DI HISTOGRAM (ENHANCED)
• Clean directional bias histogram
• Strength-weighted coloring
• Optional ADX overlay
• Built for clarity, not noise
SMART ALERTS (NON-SPAM)
Built-in alert system triggers only on state changes:
• FULL BULL / BEAR confirmed
• BUILDING trend emerging
• WEAK conditions detected
• MIXED environments
Includes:
• Strict Mode (alerts only on FULL alignment)
• Clean, readable alert labels
HOW TO USE
Trend Traders
Focus on FULL BULL / BEAR
Use BUILDING as early entry opportunities
Intraday / Scalpers
Exploit BUILDING phases
Avoid WEAK and MIXED environments
Risk Management
Use PWR dots to confirm participation before committing size
WHY IT MATTERS
Most indicators tell you something is happening.
This tells you if the move is actually worth trading.
DESIGNED FOR
• Futures traders
• Intraday and swing traders
• Multi-timeframe analysts
• Traders who want clarity without clutter
FINAL THOUGHT
This tool won’t predict the market.
But it will help you stop trading weak environments
and focus only on structurally sound moves.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。