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DI+ Indicator

This set of indicators, called the Directional Movement system, include DI+, DI-, DX, ADX and ADXR. These indicators were developed by Welles Wilder in his book "New Concepts in Technical Trading Systems".   Directional Index (DX) combines the DI+ and DI- to measure the strength of a trend. The stronger the trend, the further the spread between the DI+ and DI- trend lines.

Consider the DI+ to measure the percentage of upward movement and DI- to measure the percentage of a downtrend. When the DI+ rises above the DI+, this can be considered a bullish signal. A bearish signal occurs when DI+ falls below DI-.

 

See Also

DIPlus Developer Help

ADX Indicator

ADXR Indicator

DI- Indicator