I am a futures trader and trade with a futures brokerage firm called Tradovate. Would anyone be able to color code Tradovate's standard Average Directional Index indicator, so that the current candlestick will be red (or any color one chooses) if the current Average Directional Index number is lower than the previous candlestick's closing Average Directional Index number and so that the current candlestick will be green (or any color one chooses) if the current Average Directional Index number is higher than the previous candlestick's closing Average Directional Index number?
The Average Directional Index indicator is comprised of 3 lines, which are the Average Directional Index line, the plus DI line, and the minus DI line. I would just need the candlesticks color coded based on what the one Average Directional Index line is doing. All three lines can range anywhere from 0-100 and the Average Directional Index line is showing trend strength in the market, whereby the higher the Average Directional Index line is, the higher the strength of the trend, which can be an up trend or down trend. The Average Directional Index reading can move in a minimum of 0.1 increments, so it can move for example from 24.1 on one candlestick to 24.2 on the next candlestick or it can skip for example from 30.6 on one candlestick and then go to 33.2 on the next candlestick. Also, if you are able to add 1 solid yellow line that would just stay on the chart all of the time at the 20 level, that would be great too, since Average Directional Index readings of at least 20 or higher indicate trend strength, which can be an up trend or down trend.
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