DMI_Difference – indicator for MetaTrader 5

Oscillator DMI Difference displays the chart of the difference between the two components of indicator ADX: plus DI and minus DI. Market movement direction displays in different colors: Up in blue and down in red.

It has one input parameter:

  • ADX period – period of the ADX to be calculated.
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Calculations:

DDMI = PlusDI - MinusDI

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