ADX Trend label for ThinkorSwim

markos

markos

Well-known member
VIP
Simple is often best. Thank you for your continued help and contributions. (y)
 
Ace_Trader

Ace_Trader

New member
2019 Donor
Warehouse
Hey guys...here is another variation of this chart label. Enjoy..!!
Code:
# beginning of code ----------------------

# current ADX as a label at top of the chart # # Label color changes according to value of ADX: # . Green if >25 # . YELLOW if 20 to 25 # . CYAN if < 20 #

input length = 14;

plot currentADX = ADX(length);

currentADX.hide();

DefineGlobalColor("ADXHigh", CreateColor(50, 205, 50)); DefineGlobalColor("ADXLow", Color.CYAN); DefineGlobalColor("ADXMid", Color.YELLOW);

AddLabel (yes, (Concat("ADX = ", Round(currentADX,1))),if currentADX > 25 then GlobalColor("ADXHigh") else if currentADX < 20 then GlobalColor("ADXLow") else GlobalColor("ADXMid"));

# end of code -------------------------------
 
J

Jim Klopp

New member
Hi, was just wandering around and saw your post awhile back. Could you tell me where you got that post from? Looks pretty cool if still available. I havent figured a way to know if is on the bid or ask... it makes a difference!!! Thanks,

Jim
 
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