ADX indicates the strength of a trend regardless of trend direction. High values indicate a strong trend, while low values indicate a weak trend or consolidation.
//@version=6
indicator('ADX', overlay=false)
len = input.int(14, 'ADX Smoothing')
lensig = input.int(14, 'DI Length')
[diplus, diminus, adx] = ta.dmi(len, lensig)
plot(adx, 'ADX', color=color.red)
plot(diplus, '+DI', color=color.blue)
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