M ADX BAR

Bar colors based on ADX and DI strength.
How to study:
ADX is less then 20 (adjustable value) is SILVER (no trend)
ADX >0 and DI delta (DI plus - DI minus) is >0 color LIME (trend up)
ADX>0 and DI delta <0 color RED (trend down)
ADX cross ADX Index ( adx+adx 14 period back)/2 color is BLACK and means start/end of trend

Converting the ADX into Bars for ease of use... (combining with RSI gives best results.. Timeframe 3min or more

Release Notes

WHAT IS UPDATED ?

The latest updates in Pine is implemented.

Release Notes

What is updated ?

# Updated to Pine Version 5.

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This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

GrowMore_Indicators

For Questions, Discussions, Access :: Drop a Text/WhatsApp message to = +917016549487, e-mail to growmoreindicators@gmail.com or Telegram: t.me/GrowMore_Official

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Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

GrowMore_Indicators

For Questions, Discussions, Access :: Drop a Text/WhatsApp message to = +917016549487, e-mail to growmoreindicators@gmail.com or Telegram: t.me/GrowMore_Official