OPEN-SOURCE SCRIPT

Directional Movement Index + Average Directional Index

Updated

Personal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum

Release Notes

Testing updating an existing script

Reduced signal line to width value of 1

Personal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum

Release Notes

Changed colors from Aqua/Fuchsia to Lime/Red

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.

Want to use this script on a chart?

KondrackiKarl

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