PROTECTED SOURCE SCRIPT
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Nova Capital | Pulso Nova. Educación financiera aplicada a mercados digitales.
Financial education applied to digital markets.
Financial education applied to digital markets.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Nova Capital | Pulso Nova. Educación financiera aplicada a mercados digitales.
Financial education applied to digital markets.
Financial education applied to digital markets.
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.