The 'period' argument defines the period for the function. It must be a constant greater than or equal to 1.
Result
The result is an array. The first 'period' elements are marked as invalid.
Description
The +DI function is a part of the Directional Movement System developed by J. Welles Wilder. The system consists of three lines:
The Positive Direction Indicator (+DI) summarizes upward trend movement;
The Negative Direction Indicator (-DI) summarizes downward trend movement;
The Average Directional Movement Index (ADX) indicates whether the market is trending or ranging. For internal calculations the DI_POS function uses the modified moving average.
Related Examples
Windows Forms: Data Manipulation\Functions\Directional Movement