ADX Histogram Indicator
- Indicatori
- Thiago Pereira Pinho
- Versione: 1.0
The ADX Histogram is a modern and visual upgrade of the classic Average Directional Index (ADX).
It transforms the standard ADX and DI+ / DI– values into a color-coded histogram, making trend analysis much clearer and faster.
Key Features:
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Histogram with four states:
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Blue = Normal Buy Trend
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Green = Strong Buy Trend
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Orange = Normal Sell Trend
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Red = Strong Sell Trend
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Automatic strength detection: uses the ADX line to separate “normal” vs. “strong” signals.
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Fully customizable: ADX period and strength threshold can be adjusted to match your strategy.
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Works in a separate window for better visibility.
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Compatible with Forex, Indices, Commodities, Stocks, and Crypto.
How to Use:
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Blue/Green histograms = bullish dominance (DI+ > DI–).
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Green = strong buying pressure confirmed by ADX above threshold.
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Orange/Red histograms = bearish dominance (DI– > DI+).
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Red = strong selling pressure confirmed by ADX above threshold.
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Combine with price action, support/resistance, or other indicators for best results.
Benefits for Traders:
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Clear visualization of trend direction and strength.
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Great for trend-following strategies and breakout trading.
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Helps avoid false signals by filtering weak trends.
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Easy to read at a glance – no need to analyze multiple lines.
