PROTECTED SOURCE SCRIPT

ADX TREND GOD

ADX trend with bar color and background color for strength of trend. Use yellow bar for alert of possible uptrend, use orange bar for alert of possible downtrend. Green bar indicates a strong move upward, red indicates a strong move downward. Background will lighten (can change to any shade) for duration of trend. Exit trend, or TP, when background returns to normal. ADX below threshold is chop. Add this indicator to the main chart as well, and delete all of the indicators, except for background.

Works best with a trending indicator - as pictured in the image above
ADXrangeTrend AnalysisVolatilityVolume

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