ADX_NOVACAPITALVIP

This indicator is a clean and visual trend-strength dashboard built around the classic ADX (+DI / -DI) framework, with an optional harmony filter inspired by squeeze/momentum concepts. Its goal is to help traders contextualize market conditions (strength vs. weakness) and identify which side is dominating (+DI or -DI), without repainting and without forward-looking calculations.

What it shows

ADX (strength) with multi-color logic to visually separate stronger vs. weaker environments.

+DI / -DI to highlight directional dominance.

A status message that summarizes the current market condition (e.g., lack of strength / moderate strength / strong trend) and whether bullish or bearish pressure dominates.

A minimalist background tint that follows the ADX state.

A small brand tag: @NOVACAPITAL.VIP.

Language

The status message includes a simple English / Español selector.

Important notes

This script is provided for educational and informational purposes only.

It is not financial advice and it does not guarantee results.

Always use proper risk management and confirm signals with your own analysis.

Credits

Built using TradingView’s native ta.dmi() implementation for ADX/DI.

Squeeze/Momentum logic is used only as an optional filter, not as a standalone signal.