PROTECTED SOURCE SCRIPT

NeoButane Bitfinex BFXLS Vortex Indicator

Scripted longs and shorts to the vortex indicator. It doesn't work like Vortex due to the two plots never crossing to congest.

Blue line: longs
Red line: shorts
Histogram: net volume, ohlc4 of both. Green if previous candle close had lower net volume, black if the previous candle close had more.
Deviance from the histogram: increased volume for the long or short side

Optional ADX line with customizable lookback; it can be difficult to understand due to it being completely horizontal unless you turn off the other plots.

Average Directional Index (ADX)bitfinexBTCUSDbtcusdlongbtcusdshortVolumeVortex Indicator (VI)

Protected script

This script is published closed-source and you may privately use it freely.

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My published indicators: tradingview.com/u/NeoButane/

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