MTF MCP ADX DMI Heat Map

[Apprentice]

One of the four filters can be applied.
ADX
ADX compared to ADX Level

DMI
Relationship between positive and negative DMI components.

ADX + DMI
Consensus of Two

ADX+ ADX Slope + DMI
Consensus of Two
If ADX Is Rising, ADX + DMI indication is confirmed
If ADX is Falling, Neutral indication is given.

MTF MCP ADX DMI Heat Map.lua

(10.06 KiB) Downloaded 1160 times

[amazon1a]

Thanks so much Apprentice,

Could I ask for 1 more? I would like a MTF MCP Heat Map for MACD Overlay just like the recent ones for RSI and DMI. This would complete a very useful suite for me.

Many thanks, AG

[Apprentice]

Your request is added to the development list.

[Apprentice]

Requested can be found here.
viewtopic.php?f=17&t=9806

[nookie]

Can I ask for 1 tweak.. is it possible the following to be changed a bit:

from

DMI
Relationship between positive and negative DMI components.

to

DMI
Green if DIP is > DIM (positive) and red if DIM > DIP (negative) with no neutral and no measure if DMI is rising or falling

[Apprentice]

You are not interested in ADX Altogether?
Something similar to MultiTimeFrame MultiCurrencyPair DMI Heat Map
viewtopic.php?f=17&t=8388&p=18550&hilit=DMI+Heat+Map#p18550
or MTF MCP Heat Map DMI with Alert
viewtopic.php?f=17&t=61764&p=98610&hilit=DMI+Heat+Map#p98610

[nookie]

Exactly, not interested in ADX. Something like those but instead of timeframes to be different time periods, I guess 5 different periods would be fine like 14, 39, 50, 10, 200 (customizable)

[nookie]

And if possible with alert would be great

[Apprentice]

Requested can be found here.
viewtopic.php?f=17&t=62641&p=102262#p102262

[Apprentice]

The indicator was revised and updated.