ADX Color SignalADX Color Signal
ADX Color Signal is a clean and intuitive trend strength indicator that uses dynamic color changes to highlight market conditions in real time.
The indicator calculates the Average Directional Index (ADX) using a customizable length and compares it to a user-defined threshold. The ADX line automatically changes color based on trend strength, making it easy to instantly recognize whether the market is trending or ranging.
When the ADX is above the threshold, the line turns green, indicating strong trend conditions. When it falls below the threshold, it switches to red, signaling weak momentum or consolidation.
Features:
Dynamic color-changing ADX line
Adjustable ADX length
Customizable trend strength threshold
Clear visual separation of trending vs. ranging markets
How to use:
Green ADX = strong trend → suitable for trend-following strategies
Red ADX = weak trend → caution, possible ranging market
ADX Color Signal is ideal for traders who want a fast, no-distraction way to confirm trend strength and filter out low-probability setups.
Pine Script® Indikator













