Indicator Colored
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//Trend Following Systems DO NOT work when ADX is Below 20 - Tech Analysis A-Z; page 120
P1 = Param("Period",10,0,100,1);
MyPDI= PDI(P1);//Positive Directional Indicator
MyMDI= MDI(P1);//Negative Directional Indicator (Minus)
MyADX= ADX(P1);//Average Directional Movement Index
//Green ADX Line=Rising; Red ADX Line=Falling
col = IIf( MyADX > Ref( MyADX, -1 ), colorGreen, colorRed );
Plot( MyPDI,"+DI",colorWhite, styleLine);
Plot( MyMDI,"-DI",colorBlue, styleLine);
Plot( MyADX,"ADX",col, styleLine);
Title=Name()+ " " + Date() + " Price: " + C + EncodeColor(colorIndigo) +" ADX" + WriteVal( MyADX )+ EncodeColor(colorWhite) + " +DMI" + WriteVal( MyPDI )+ EncodeColor(colorBlue) + " -DMI" + WriteVal( MyMDI );