ADX Free — Indicator by Ricardo8Trece

oscillator trendanalysis movingaverage adx dmi

-The line control represents, if the ADX is greater than the line of 20, the price trend is considered strong, some people increase it to 25
-Dynamic adx color to better differentiate movements

Release Notes:

Now the line below changes color when the dm + is over the dm- and on the contrary

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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