DI_NEG(close; high; low; period)
DI_NEG(close; high; low; period)
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_NEG function uses the modified moving average.