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DMIPOS()

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

Syntax images/aspen00000246.gif

Formula images/aspen00000247.gif

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Where:
+DI = current positive directional index
+DMn = current modified moving average of +DM
+DM = current positive directional movement value
Ht = current high
Ht-1 = previous high
TRn = current modified moving average of the true range
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 DMIPOS_EX1(SERIES,PERIOD)=DMIPOS(SERIES,PERIOD)

DMIPOS_EX2(INPUT,PERIOD)=DMIPOS(INPUT,PERIOD)