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Directional Movement
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The example shows how to use custom code and build in financial functions. In this case the chart displays Directional Movement indicators as a separate plot.
The Directional Movement 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.
Directional Movement
Example Controls
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