DMI Percentile MTF

📈 DMI Percentile MTF – Custom Technical Indicator
This indicator is an enhanced version of the classic Directional Movement Index (DMI), converting +DI, -DI, and ADX values into dynamic percentiles ranging from 0% to 100%, making it easier to interpret the strength and direction of a trend.

⚙️ Key Features:
Percentile Normalization: Calculates where current values stand within a historical range (default: 100 bars), providing clearer overbought/oversold context.

+DI (green): Indicates bullish directional strength.

-DI (orange): Indicates bearish directional strength.

ADX (fuchsia): Measures overall trend strength (rising = strong trend, falling = flat market).

20% / 80% reference lines: Help identify weak or strong conditions.

Multi-Timeframe (MTF) Support: Analyze a higher timeframe trend (e.g., daily) while viewing a lower timeframe chart (e.g., 1h).

📊 How to Read It:
+DI > -DI → bullish trend dominance.

-DI > +DI → bearish trend dominance.

ADX rising → strengthening trend (regardless of direction).

ADX falling → sideways or consolidating market.

Values above 80% → historically high / strong conditions.

Values below 20% → historically low / weak conditions or potential breakout setup.