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DI-CD with ADX

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Average Directional Index (ADX)
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0
averagedirectionalindex
New method of visualising the directional index values as calculated by BeikabuOyaji. Uses the slightly incorrect version of calculating DI+ and DI- as per the original script, but these seem to work.

Bars are coloured based on the higher DI value, green shades for DI+ being higher and red shades for DI-. The brighter coloured bars indicate that the higher DI value is increasing compared to the last bar while the lower one is decreasing.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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