ADX Green Trend, Red Chop

23 במרץ

Based on the ADX indicator. This uses the calculated slope of the ADX line to show if momentum is increasing or decreasing. Green means the slope of the ADX is positive and the trend in increasing. Red means the ADX slope is positive and momentum is decreasing.Gray or Yellow is aneutral transitional zone

30 במרץ

הערות שחרור

Update adds a lower threshold which is used to indicate high levels of choppiness or non-direction. The threshold can be adjusted. When indicator is below threshold and into the "Chop Zone", the histogram bars turn purple.

30 במרץ

הערות שחרור

Updated Chart

30 במרץ

הערות שחרור

Updated colors