Indicator Harmonic Patterns Projection for TradingView

It combines multiple professional-grade momentum and trend filters into a single framework:

ADX (Average Directional Index) – Measures trend strength, filters out choppy conditions.

Directional Indicators (+DI / –DI) – Confirms whether bulls or bears are in control.

ROC (Rate of Change) – Quantifies momentum speed and direction.

MACD (optional) – Adds confirmation by checking multi-timeframe momentum alignment.

EMA Filters (optional) – Ensures price is in alignment with long-term trend bias.

Supertrend (optional) – Can be enabled for additional trend confirmation.

How it works:

Bullish Zone (Green) → Strong trend (ADX > threshold) + upward momentum (ROC > 0, +DI > –DI) + optional EMA/MACD/Supertrend confirmation.

Bearish Zone (Red) → Strong trend (ADX > threshold) + downward momentum (ROC < 0, –DI > +DI) + optional EMA/MACD/Supertrend confirmation.

Neutral Zone (Yellow) → Low trend strength (ADX < threshold) or mixed momentum signals.

Features:

Automatic background coloring for zone detection.

On-chart labels marking new zone changes.

EMA50 / EMA200 and Supertrend overlay options.

Signal markers for bullish/bearish entries.

Info panel with live ADX, ROC, DI values, and MACD histogram.

Alert conditions for zone changes (Bull, Bear, Neutral).

Best used for:

Index momentum tracking (e.g., Nifty, Bank Nifty, Dow, S&P500)

Swing trading & positional trading strategies

Filtering trades to avoid entering during low-momentum chop