This indicator plots the Schaff Trend Cycle in a separate pane. It subtracts a slow exponential moving average from a fast one, applies a stochastic cycle twice, and smooths each result to form a 0–100 oscillator. Line color follows the slope, or the upper and
Indicator · Pine Script v4 · Own pane
Directional Movement Index
This indicator calculates and plots the standard Directional Movement Index (DI+, DI-, and ADX) in an oscillator pane alongside colored horizontal zones representing trend strength stages: weak, medium, strong, and exhaustion.
GitHub stars43on the repository
Pine versionv4older, still runs
Lines of code54
Settings6inputs
LicenceNone statedfile: MPL-2.0
Last update1 year ago23 Sep 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
54 lines of Pine Script v4 from DMI.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// ================================================================================================================================================================================
// DMI indicator with colored zones
// ================================================================================================================================================================================
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// Original by TradingView
// Rewritten by Zettt
// This version only differs from the original TradingView version in the way that it displays zones in different colors. Scripts like this won't get published in the TV App Store.
//@version=4
study(title="Directional Movement Index", shorttitle="DMI", format=format.price, precision=4)
//
// Configuring DMI
lensig = input(title="ADX Smoothing", defval=6, minval=1, maxval=50)
longmultiplier = input(title="ADX Multiplier", defval=4, minval=1, maxval=24)
len = input(title="DI Length", defval=14, minval=1)
[diplus, diminus, adx] = dmi(len, lensig)
// Additional DMI indicator which uses multiple values of the original DMI
[dipluslong, diminuslong, adxlong] = dmi(len * longmultiplier, lensig * longmultiplier)
//
// Configuring and plotting zones
ADX_wm_threshold = input(defval=25,title="ADX Weak Threshold", minval=0)
ADX_ms_threshold_f = input(defval=50,title="ADX Weak Threshold", minval=0)
osob_f = input(defval=75,title="ADX Weak Threshold", minval=0)
h0 = hline(0, linestyle=hline.style_dotted, color=color.black, linewidth = 1, title="ADX 0 Line")
h_wm = hline(ADX_wm_threshold, linestyle=hline.style_dotted, color=color.black, linewidth = 1, title="ADX Weak Threshold")
h_ms = hline(ADX_ms_threshold_f, linestyle=hline.style_dotted, color=color.black, linewidth = 1, title="ADX Medium Threshold")
h_osob = hline(osob_f, linestyle=hline.style_dotted, color=color.black, linewidth = 1, title="ADX Exhaustion threshold")
h100 = hline(100, linestyle=hline.style_dotted, color=color.white, linewidth = 1, title="ADX 100 Line")
fill(h0, h_wm, title="ADX = weak", color=#c9daf8, transp=96)
fill(h_wm, h_ms, title="ADX = medium", color=#a2c0f7, transp=96)
fill(h_ms, h_osob, title="ADX = strong", color=#7ba4ed, transp=96)
fill(h_osob, h100, title="ADX = 75 to 100", color=#5888bb, transp=96)
//
// Plotting the standard DMI
adxStronger = adx[1] <= adx
plot(adx, color=adxStronger ? #64b5f6 : #bbdefb, title="ADX", style=plot.style_line, linewidth=1)
plot(diplus, color=diplus >= diminus ? #81c784 : #c8e6c9, title="DI+")
plot(diminus, color=diminus >= diplus ? #e57373 : #ffcdd2, title="DI+")
// diEMA = input(title="DI EMA", defval=9, minval=1)
// adxSMA = input(title="ADX SMA", defval=2, minval=1)
// plot(sma(adx, adxSMA), color=color.orange, title="ADX SMA", display=display.none)
// plot(ema(diplus, diEMA), color=color.orange, title="DI+ EMA", display=display.none)
// plot(ema(diminus, diEMA), color=color.orange, title="DI- EMA", display=display.none)
//
// Plotting the long DMI
// ADX is colored differently depending on whether it is above or below threshold
plot(adxlong, color=adxlong >= ADX_wm_threshold ? #fbc02d : #fff9c4, title="ADX Long", style=plot.style_line, linewidth=1, display=display.none)
plot(dipluslong, color=#81c784, title="DI+ Long", display=display.none)
plot(diminuslong, color=#e57373, title="DI+ Long", display=display.none)
Overview
The ADX line dynamically shades based on whether it is rising or falling, while DI lines adjust shade depending on directional dominance. It also calculates a longer-period DMI overlay that is hidden by default. Main settings configure the smoothing periods, length multiplier, and threshold levels.
- ADX trend strength zones with distinct background fills
- Rising and falling color state for the ADX curve
- Dominance-based color shading for DI+ and DI- lines
- Secondary longer-period DMI calculation
Details
Published by
Zettt on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Trend, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ADX Smoothing | int | 6 | lensig |
| ADX Multiplier | int | 4 | longmultiplier |
| DI Length | int | 14 | len |
| ADX Weak Threshold | int | 25 | ADX_wm_threshold |
| ADX Weak Threshold | int | 50 | ADX_ms_threshold_f |
| ADX Weak Threshold | int | 75 | osob_f |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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