OPEN-SOURCE SCRIPT
ADX Cloud Style
This custom indicator visualizes the Directional Movement Index (DMI) system to help identify trend direction and intensity:
Histogram: Displays the net momentum (calculated as DI+ minus DI-). Green bars indicate that buyers are in control (bullish), while red bars indicate sellers are in control (bearish). The height of the bars represents the strength of that dominance.
Cloud (Fill): Shading between the DI+ and DI- lines. It provides a visual backdrop for the trend: green shading for an uptrend and red shading for a downtrend.
Blue Line (ADX): Measures the absolute strength of the trend, regardless of direction. A rising blue line suggests the current trend (whether up or down) is gaining strength, while a falling line suggests consolidation or a weakening trend.
Histogram: Displays the net momentum (calculated as DI+ minus DI-). Green bars indicate that buyers are in control (bullish), while red bars indicate sellers are in control (bearish). The height of the bars represents the strength of that dominance.
Cloud (Fill): Shading between the DI+ and DI- lines. It provides a visual backdrop for the trend: green shading for an uptrend and red shading for a downtrend.
Blue Line (ADX): Measures the absolute strength of the trend, regardless of direction. A rising blue line suggests the current trend (whether up or down) is gaining strength, while a falling line suggests consolidation or a weakening trend.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。