Thread: ADX Candles
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Old 11-14-2008, 08:57 AM
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ADX Candles

A few people have been asking for an ADX Candles indicator. This ADX indicator has 3 Candle Display options.

ADXPeriod = 14;
ADXSignal_Level = 21;
XXXXXXXXXXXXXXXXXXXX ="CANNOT have 2 INPUTS = TRUE";
NOTE_1_XXXXXXXXXXXXX = "ADX / PLUSDI / MINUSDI / Signal";
ADX_plus_DI_Levels = true;
NOTE_2_XXXXXXXXXXXXX = "ADX / Signal Level";
ADX_Level_Only = false;
NOTE_3_XXXXXXXXXXXXX = "PLUSDI / MINUSDI";
DI_Levels_Only = false;

#1 This option displays the CROSS of the PLUSDI / MINUSDI in a Dark Green/Red until the MAIN ADX Line CROSSES above the ADXSignal_Level then the Colors turn to a Lime/Red.

#2 This option displays the MAIN ADX Line as it CROSSES the ADXSignal_Level - Red for below the ADXSignal_Level & Lime for above this just shows the strength of a move as it could be either LONG or SHORT

#3 This option displays the CROSS of the PLUSDI / MINUSDI Red for a cross DOWN and Lime for a cross UP.

NOTE: YOU CANNOT SET MORE THAN 1 INPUT to TRUE !! otherwise the candles will disappear !!

ADX Candles.ex4

This screenshot shows option #1

ADX CANDLES.gif
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Last edited by cja; 11-14-2008 at 10:07 AM. Reason: Updating description
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