Chart Pro online |
Recently used |
Forex |
Indices |
Negative Directional Indicator (DI-)
Negative directional indicator (DI-) is component of average directional index (ADX). If DI- is sloping forward, it is signal that downtrend is increasing. Indicator was developed by Welles Wilder.
DI- is calculated by formulas:
True range (TR) indicator is used in calculation. For n parameter is usually used value of 14.
Negative Directional Indicator (DI-)
Interpretation
Negative directional indicator is usually plotted with positive directional indicator (DI+). For details, see directional movement system (DMS) or average directional index (ADX).
Example
Open chart for google with DI- indicator.