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DMINEG()

Definition Negative Directional Movement Index (DMI). The dio() function is equivalent to the difference of this and the DMIPOS() function.

Syntax images/aspen00000242.gif

Formula images/aspen00000243.gif

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Where:
-DI = current negative directional index
Lt = current low
Lt-1 = previous low
TR = true range
Th = greater of today’s high and the previous price
Tl = lessor of today’s low or the previous price

Parameters SERIES
Required if the formula name declares the SERIES parameter.

INPUT
Required if the formula name declares the INPUT parameter.

PERIOD
Required if the formula name declares the PERIOD parameter.

<shift>
A number, positive or negative, enclosed in brackets defining the number of bars (periods) to shift the formula line. Typically used only in formulas that will be rendered in chart windows.

Examples DMINEG_EX1(SERIES,PERIOD)=DMINEG(SERIES,PERIOD)

DMINEG_EX2(INPUT,PERIOD)=DMINEG(INPUT,PERIOD)