ADX-DI MTF trend buffer - JD

2018年5月31日

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 can be shown or omitted as preferred

version 3. the indicator is now plotted relative to the 200 ema and can be seen as a "buffer" against price reversal

The timeframe of the indicator can be the current one or custom selected but gives better visual information if a longer timeframe than the current one is used.
The colors can be changed to fit with "Dark mode" or "Light mode"
a scaling option is available to downscale the trend indication relative to the price bars


JD

2019年7月4日

版本注释

Code cleanup.

2020年1月9日

版本注释

Small code adjustments.