ADX & DI with Long + Short Conditions

My version of the ADX & DI Indicator with an extra theshold and adjustable long and short conditions.

A green background (long) will appear when the ADX is rising, the DI+ is falling and the DI+ is below the (new) lower threshold.
A red background (short) will appear when the ADX is rising, the DI- is falling and the DI- is below the (new) lower treshold.

You can adjust the tolerance for the lower threshold in the settings of the indicator.

發布通知:

I have made Linear Regression optional and made more settings adjustable (length and offset)

Added:
- Heikin Ashi calculations (real ones)
- Visual trade and chop zone via background colors
- Updated settings menu

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Added:

- ATR calculations on thresholds (1 Hour, 4 Hours or Daily Value)
- Option to change bar color
- Polished up the code a bit

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I updated this script to a new version which can be found via clicking the URL below.
Unfortunately TradinView does not allow the deletion of old/obsolete scripts

Please use the following version from now on:

Strength & Directional Movement