This indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro
The indicator gives a multiplication of ADX and the DI+ and DI- values, color coded for bullish or bearish momentum.
The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines.
A threshold mask and the actual DI-lines kan be shown or omitted as preferred
THE LATEST VERSION CAN BE FOUND AT THIS LINK:
tradingview.com/script/JhSC6GnP-ADX-DI-MTF-trend-indication-JD-version-2/