OPEN-SOURCE SCRIPT

ADX Di+ Di- [Gu5]

By gu5tavo71
Updated
Fill indicates Strong Trend

Cross indicates End of Trend

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El relleno indica una fuerte tendencia cuando el Di supera "Level Trend"

El cruce de Di+ con Di- indica el fin de la tendencia

Cuando el valor del ADX es menor a "Level Range", estamos en Rango
Release Notes
Clean code
Change Alert, add label
https://www.tradingview.com/x/raASTjpt/

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Limpie un poco el código
Cambie las alertas, ahora son etiquetas dinámicas

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If any of my indicators were useful, you can buy me a beer ;)
Si alguno de mis indicadores te fue útil, puedes comprarme una cerveza ;)

BTC: 1MbHMN63WnsFYEavsGK4nMWSUoEiuiScny
Paypal: paypal.me/gu5tavo71
Release Notes
Fix Bug
Clean code
Now comply Pine Script Coding Conventions
Release Notes
Change alert, add Bar color, and clean code
Release Notes
Fixed false entries
Clean code
Add alerts
Release Notes
Upgrade to v5. Re-write according to the Style Guide. Clean code.
Release Notes
Now don't repaint

About use:
Di+ and Di- determine the trend When Di+ is above Di-, the trend is up in green. And when Di+ is below Di-, the trend is down in red color. If the value of signal (ADX) is below "Level Range", the trend is weak. Yellow in color If the signal value (ADX) is above the "Level Range", the trend is determined by Di+ and Di- and is indicated by a small triangle
If the value of signal (ADX) is above the "Level Trend", the trend is STRONG. determined by Di+ and Di- and is marked with a LARGE triangle
If the value of signal (ADX) is greater than the previous one, there is a greater trend, and the color is intense.
If the value of signal (ADX) is less than the previous one, there is less trend, and the color is muted.
ADXAverage Directional Index (ADX)crossDIstrongstrongbuystrongsellstrongtrendtrendbreak
gu5tavo71

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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