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You'll need to play around with line thickness and offset (the .25) in
the following three indicators because their plot depends in part on
screen resolution and price.
Plot in the order given. You can also try just ADX(21) for the Green
ADX. It seems to work ok for long stretches of the DI difference
staying positive or negative for a while.
If you subscribe to MSTT, you'll see this kind of article and articles
about profitable trading methods that may actually make you money and
not just pretty charts. It's well worth the price.
{Green ADX}
Green:=If(PDI(21)>= MDI(21),ADX(21),ADX(21)+.25);
Green;
{Red ADX}
Red:=If(PDI(21) < MDI(21),ADX(21),ADX(21)+.25);
Red;
{Background color}
BkgrdColor:=ADX + .25;
BkgrdColor;
--- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@xxx> wrote:
>
> Does anyone have a formula for ADX that changes colour when the +DI <
> -DI or +DI > -DI?
>
> Thanks in advance for your assistance.
>
> Mark
>
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