This script mixes the Lazybear Momentum indicator, ADX indicator, and EMA.
Histogram meaning: Green = The momentum is growing and the ADX is growing or above your set value Red = The momentum is growing on the downside and the ADX is growing or above your set value Orange = The market doesn't have enough momentum or the ADX is not growing or above your value (no trend)
Background meaning: Blue = The price is above the EMA Purple = The price is under the EMA
Cross color on 0 line: Dark = The market might be sideway still Light = The market is in a bigger move