Updated
Average Directional Index-Buschi
A simple modification of the built-in "Average Directional Index":
To identify wether there is an uptrend or a downtrend, the function color is conditional:
no trend: black
small uptrend (weak threshold): light green
big uptrend (strong threshold): green
small downtrend (weak threshold): light red
big downtrend (strong threshold): red
To identify wether there is an uptrend or a downtrend, the function color is conditional:
no trend: black
small uptrend (weak threshold): light green
big uptrend (strong threshold): green
small downtrend (weak threshold): light red
big downtrend (strong threshold): red
Release Notes
German translationDeutsch:
Eine einfache Modifikation des eingebauten "Average Directional Index":
Um einen Aufwärts- oder Abwärtstrend zu identifizieren, ist die Farbe der Linie entsprechend codiert:
kein Trend: schwarz
schwacher Aufwärtstrend (weak threshold): hellgrün
starker Aufwärtstrend (strong threshold): dunkelgrün
schwacher Abwärtstrend (weak threshold): hellrot
starker Abwärtstrend (strong threshold): rot
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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.