The default Average Directional Index (ADX) helps traders determine the strength of a trend, not its actual direction. The Clean ADX helps traders determine the strength of a trend on a longer time, and the possible direction on different timeframes.
The bidirectional Breakout Volume determines both directions of breakout or breakdown volume. When volume is high by comparing the previous volume high over n periods to the current volume or when volume is lower by comparing the previous volume low over n periods to the current volume. If the current volume exceeds the previous volume high or low, then the indicator columns will turn red or green.
This indicator should make trading easier and improve analysis. Nothing is worse than indicators that give confusingly different signals.
The combination of the first and second indicator therefore makes perfect sense to me and now you are able to find your long or short trends earlier.
Thank you for your effort, my dear friend! I like your ideas!
chervolino
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@Ether2020, You're welcome, my friend! I'm glad you enjoyed my ideas. Your support and encouragement mean a lot to me. Thank you for taking the time to appreciate my work.
Ether2020
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@chervolino, I enjoy your post so much, my dear friend! Thank you again!
tradermacie
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Really helpful is there any more detailed instructions with it thank you