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Directional Movement 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".  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

Directional Movement Developer Help

ADX Indicator

ADXR Indicator

DI+ Indicator

DI- Indicator