Heracles Original Wilder's ADX and DI +/- by Zekis — Indicator by edward_Z

oscillator trendanalysis movingaverage adx trend wilder heracles zekis

Original Wilder's ADX and DI +/- (calculated with the 1978's original formula from Wilder's MA and not with the simple moving average, like almost all ADXs)

I changed the aspect for a nice and easy view

Black/yellow dashed line - threshold
Light blue line = ADX
Blue background - ADX above threshold
Yellow background - ADX bellow threshold
Green line - DI +
Red line - DI -
Green DI+/- background and green triangles - uptrend
Red DI +/- background and red triangles - downtrend

Candlesticks are colored according to the pattern

Possibility to enable or disable trend filter (threshold)

Alerts are added for entries and exits or longs or shorts

Green triangle - long/enter
Red triangle - short/exit
Yellow contaminated area - no certain trend

Green candles - uptrend
Red candles - downtrend
Yellow candles - no certain trend

Enjoy!
@Zekis

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