Description
The Plus Directional Indicator study plots solely the positive part of the DMI study.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate the DMI. |
average type
|
The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull. |
Plots
| Plot | Description |
|---|---|
DI+
|
The Plus Directional Indicator. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.