MTF Average Directional Index Range Detector

Higher Timeframe ADX to detect range/trending market while trading lower time frames.

Change the resolution in the parameters. You must use a time frame equal or higher to the current time frame.

Red = Range
Green = Trending

Use the alerts to get notified when the color changes.

Adjust the Threshold parameter to change the value from which the color changes.

Click Add to favorites to get the indicator on your chart (it will appear in the Indicators->Favorites tab).

Leave a like if you find it useful!

Release Notes

Bug fixes

Release Notes

Fixed offset when resolution is the same as current chart.

Protected script

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

cyatophilum

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Disclaimer

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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.

cyatophilum

Also on: