ADX_Power_Indikator

The ADX Power Indicator is a technical analysis tool based on the well-known Average Directional Index (ADX) developed by Welles Wilder.

This script visualizes the core components of the ADX system – +DI, –DI, and ADX – in a clean and focused way. It emphasizes the crossovers between +DI and –DI, which can serve as potential entry or exit signals.

🔍 Features
Plots the ADX line as a stepped line to represent trend strength
Displays +DI (green) and –DI (red) lines clearly
Highlights important crossovers with colored crosses:
✅ Buy signal: +DI crosses above –DI (green cross)
❌ Sell signal: –DI crosses above +DI (red cross)
Clean and minimalistic layout – great for combining with other strategies

📈 How to Use
This indicator is ideal for traders who want to:
Measure trend strength using ADX
Detect trend reversals through DI crossovers
Confirm entries and exits based on momentum shifts
The default parameters (14-period DI and ADX) can be adjusted in the script to suit your trading style or market conditions.