Directional Movement (DM)

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Description

Same as the ADX indicator with the addition of the +DI and -DI values.

… Courtesy of Investopedia

Syntax

DM(int period)

DM(ISeries\<double\> input, int period)

Returns default ADX value

DM(int period)[int barsAgo]

DM(ISeries\<double\> input, int period)[int barsAgo]

Returns +DI value

DM(int period).DiPlus[int barsAgo]

DM(ISeries\<double\> input, int period).DiPlus[int barsAgo]

Returns -DI value

DM(int period).DiMinus[int barsAgo]

DM(ISeries\<double\> input, int period).DiMinus[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

ParameterDescription
inputIndicator source data (Series<T>)
periodNumber of bars used in the calculation

Examples

1// Prints the current value of a 20 period +DI using default price type
2double value = DM(20).DiPlus[0];
3Print("The current +DI value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.