A modification of the popular ADX indicator. With no difference line (literally, the DMI indicator), in the form of the colored cloud.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 13.09.2007.
Fig.1. The ADXDMI indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15675
The ExTrendV2 indicator with the timeframe selection option available in input parameters.ExVolV2
The ExVolV2 calculates the difference between the total sum of bodies of growing and falling candlesticks on a given interval.