KondrackiKarl

Directional Movement Index + Average Directional Index

KondrackiKarl Updated   
Personal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum
Release Notes: Testing updating an existing script

Reduced signal line to width value of 1

Personal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum

Release Notes: Changed colors from Aqua/Fuchsia to Lime/Red

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

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