DMI_UPDI

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Keyword Description

+DI (Wilder)

Class

Indicator

Where Legal

Resources

Entry Logic

Exit Logic

Initial Size

Resize

(Pre-Category)

Resize

(Category-Level)

l

l

l

 

 

 

Syntax

DMI_UPDI[n]

Where n is an integer representing the number of days in the study.

Example

Sample code

COL2 = DMI_UPDI[30] 

 

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Directional Indicators ( -DI, +DI, DX, ADX)

These indicators were designed and popularized by Welles Wilder and are calculated exactly as he specified. Other software products use their own calculation methods. The calculations for them are fairly involved and are explained in his "New Concepts in Technical Analysis"