PROTECTED SOURCE SCRIPT
Updated RSI + ADX + ATR Strength Gauge
This indicator combines Relative Strength Index (RSI), Average Directional Index (ADX), and Average True Range (ATR) into a unified strength gauge that identifies high-quality trending conditions while filtering out choppy, low-volatility markets.
RSI measures momentum and overbought/oversold conditions.
ADX confirms trend strength (not direction), highlighting when price movement has strong follow-through.
ATR captures volatility expansion, filtering out flat, low-range candles where fake signals occur.
When the components diverge or show contraction, the gauge warns of market chop, suggesting it’s better to avoid entries or reduce position size.
Purpose:
To keep you out of sideways markets and confirm entries only when momentum, trend strength, and volatility all agree — reducing whipsaws and improving trade quality.
Tweak to your liking.
RSI measures momentum and overbought/oversold conditions.
ADX confirms trend strength (not direction), highlighting when price movement has strong follow-through.
ATR captures volatility expansion, filtering out flat, low-range candles where fake signals occur.
When the components diverge or show contraction, the gauge warns of market chop, suggesting it’s better to avoid entries or reduce position size.
Purpose:
To keep you out of sideways markets and confirm entries only when momentum, trend strength, and volatility all agree — reducing whipsaws and improving trade quality.
Tweak to your liking.
Release Notes
QQE + RSI + ADX Strength Gauge - Release NotesA comprehensive multi-indicator oscillator combining QQE MOD momentum analysis with RSI, ADX, and ATR strength metrics for complete market analysis.
Features
+QQE MOD Oscillator
Primary & Secondary QQE calculations with Bollinger Band integration
Dynamic momentum-based column coloring (strong vs weak signals)
Clear bullish/bearish threshold zones
Strength Indicators
RSI (14) with overbought/oversold reference lines
ADX + DI lines for trend strength measurement
ATR for volatility context
Live trend gauge label (BULLISH/BEARISH/CHOP)
Visual Design
Clean, professional gradient aesthetic
Customizable colors for all indicators
Background coloring (oscillator pane + optional chart overlay)
Adjustable transparency settings
Settings
Fully adjustable QQE parameters (Primary/Secondary RSI, smoothing, factors)
Customizable Bollinger Bands (length, multiplier)
Adjustable indicator lengths (RSI, ADX, ATR)
ADX threshold control
Complete color customization
Credits
Original RSI + ADX + ATR Strength Gauge - Base structure and gauge concept - jaredskii
QQE MOD Indicator - QQE calculation logic - Mihkel00
Release Notes
This indicator combines Relative Strength Index (RSI), Average Directional Index (ADX), and Average True Range (ATR) into a unified strength gauge that identifies high-quality trending conditions while filtering out choppy, low-volatility markets.RSI measures momentum and overbought/oversold conditions.
ADX confirms trend strength (not direction), highlighting when price movement has strong follow-through.
ATR captures volatility expansion, filtering out flat, low-range candles where fake signals occur.
When the components diverge or show contraction, the gauge warns of market chop, suggesting it’s better to avoid entries or reduce position size.
Purpose:
To keep you out of sideways markets and confirm entries only when momentum, trend strength, and volatility all agree — reducing whipsaws and improving trade quality.
Tweak to your liking.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
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.