DeMarker Indicator™ Parameters

This study draws a graph of DMI values, which fluctuate between 0 and 100. Optionally, dotted reference lines can be drawn at user-set values, but these lines do not affect the calculation or display of the DMI line itself.

The DMI computes two values at any given bar:

The final DMI study value is then computed as an N-bar moving average of DMI High, divided by an N-bar moving average of (DMIHigh+DMILow), and multiplied by 100 to give a result in the desired range. The type and length of the moving averages are selectable.