itsHowlingWolf

Wolfs ADX + DI

I have created an alternative visualisation of the ADX + DI indicator created by MasaNakamura, credits to them for providing the source code! :-)
The histogram represents the distance between the DI+ and the DI-. The crossing of the histogram is equal to the crossing of the DI lines.
The ADX line is coloured based on the threshold.
This creates a clean representation of the ADX + DI.
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.

Want to use this script on a chart?

Comments

this is actually brilliant. thanks for sharing
Reply
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