The
DMI was developed by J.Welles Wilder. The DI+ measures the upward trend
tendency. The DI- measures the downward trend tendency whilecthe ADX
averages the directional movement. This
version includes the
ADXR which is an average of the ADX.
(DI+) above (DI-) indicates a
long position and vice versa. The ADX line increasing
implies a stronger trend.