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Forex
 

Indices
 

Positive Directional Indicator (DI+)

Positive directional indicator (DI+) is component of average directional index (ADX). If DI+ is sloping upward, it is signal that uptrend is increasing. Indicator was developed by Welles Wilder.

DI+ is calculated by formulas:

Negative Directional Indicator formula
Negative Directional Indicator formula
Negative Directional Indicator formula

True range (TR) indicator is used in calculation. For n parameter is usually used value of 14.

Positive Directional Indicator (DI+)
Positive Directional Indicator (DI+)


Interpretation

Positive directional indicator is usually plotted with negative directional indicator (DI-). For details, see directional movement system (DMS) or average directional index (ADX).


Example

Open chart for google with DI+ indicator.


< Par. stop and reverse
Positive volume index >