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ADX and DI Bands Indicator Script

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originspica
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17 views1 page

ADX and DI Bands Indicator Script

Uploaded by

originspica
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=5

indicator("ADX and DI Bands", overlay=true, shorttitle="ADX")

// --------------------
// INPUT PARAMETERS
// --------------------
// ADX and DI Parameters
adxLength = input.int(14, title='ADX Length')
adxSmoothing = input.int(14, title='ADX Smoothing Length') // Added smoothing
parameter
diColorUp = input.color(color.green, title='DI+ Color')
diColorDown = input.color(color.red, title='DI- Color')
adxColor = input.color(color.blue, title='ADX Color')

// ADX and DI Calculation


[diPlus, diMinus, adx] = ta.dmi(adxLength, adxSmoothing) // Updated with
adxSmoothing parameter
plot(diPlus, color=diColorUp, title='DI+')
plot(diMinus, color=diColorDown, title='DI-')
plot(adx, color=adxColor, title='ADX')

// Fill ADX and DI Bands


fill(plot(diPlus, color=diColorUp, title='DI+'), plot(diMinus, color=diColorDown,
title='DI-'), color=diPlus > diMinus ? color.new(diColorUp, 90) :
color.new(diColorDown, 90), title='DI Bands')

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