OPEN-SOURCE SCRIPT
Updated Guac's MAs, BBs, and ADX (SMA/EMA/BB + ADX/DI + Daily ATR)
As someone who browses through numerous TradingView scripts, I find many ideas/functions that I find useful. However, sometimes I find certain features that I don't find useful or that could be added to make something more useful. Because of this I designed this script to collectively encompass functionality of the items/indicators I find useful when looking at an index/equity chart.
This script was desgined/inspired to keep the chart clean while providing signal context for trend, volatility, price action, and regime conditions.
Summary of what this script does:
I always find it frustrating when I am testing or playing with someones indicator and they don't have tooltips implemented so that I can understand the purpose of their parameters and the inputs. I have specifically tried to implement tooltip info bubbles next to every parameter input to give a short explanation of the parameter and it's purpose
This script was desgined/inspired to keep the chart clean while providing signal context for trend, volatility, price action, and regime conditions.
Summary of what this script does:
- Plots a compact, customizable set of SMAs + EMAs for structure and trend layering.
- Adds Bollinger Bands with expansion/contraction coloring to visualize volatility state.
- Optionally overlays ADX/DI regime context, including:
• an ADX-based “regime fill” (temperature-style colors) on the BB fill
• optional DI+ / DI- cross markers for directional shift awareness
• expanded ADX regime labels (Dead Chop → Very Strong/Extended)
• optional “ADX momentum” (smoothed ADX slope) in the status label to show regime acceleration/decay - Provides a small corner “Regime Status Label” that summarizes ADX regime (with numeric ADX) when enabled.
- Optionally appends Daily ATR (value + momentum) to the same label for range/volatility context that is consistent across intraday timeframes.
I always find it frustrating when I am testing or playing with someones indicator and they don't have tooltips implemented so that I can understand the purpose of their parameters and the inputs. I have specifically tried to implement tooltip info bubbles next to every parameter input to give a short explanation of the parameter and it's purpose
Release Notes
Changes and updates made (Jan 2026):- Default-enable: ADX/DI regime + ADX momentum in status + Daily ATR in status, and default panel to Bottom Left w/ NORMAL font
- BB centerline style: use a continuous line (no line breaks)
- Fix Inputs vs Style tab override: lock BB plot styling so Style tab can’t override input-selected colors/styles (use editable=false)
- Make BB fill transparency user-controlled
- Added a condensed (4) option for a customizable ADX color fill between the bollinger bands
Release Notes
Clean chart updateOpen-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.