The Plus Direction Indicator (DI+) and Minus Direction Indicator (DI-) show the current price direction. When the DI+ is above DI-, the current price momentum is up. When the DI- is above DI+, the current price momentum is down.
Trend detection: When the background has a bluish color there is an upward trend, and when the background has a reddish color there is a downward trend.
Includes an information panel that shows the current value and trend of some well-known indicators.
Added "Heatmap Volume". This indicator colors the candles according to the volume traded. The calculation of the heat map zones is done as follows: how many standard deviations the volume are distant from the average volume?
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.