Get started
ducksjc

simrido+ADX

ducksjc  
Oscillators
128
0
oscillator
blue area is srd (simrido. i cannot find proper english word. so i named it srd)
red is ADX

if blue is increasing (or higher than 50), it mean price increasing.

ok i like SRD. it looks like RSI. so good!


--------

blue increase + ADX decrease = price can be decrease soon (or decreasing already?)

This is not my idea. it something like Divergence...
well....i still cannot understand this idea.
:)
anyway i hope you enjoy this indicator.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?