Directional Movement (DMI)

Directional Movement (DMI) is actually a collection of three separate indicators combined into one. Directional Movement consists of the Average Directional Index (ADX), Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). DMI's purposes is to define whether or not there is a trend present. It does not take direction into account at all. The other two indicators (+DI and -DI) are used to compliment the ADX. They serve the purpose of determining trend direction. By combining all three, a technical analyst has a way of determining and measuring a trend's strength as well as its direction.

Read more about Directional Movement (DMI) in TradingView wiki.
ranggawardonce ranggawardonce XAUUSD, 60, Long , a day ago
XAUUSD: GOLD plan 16 Januari
80 0 4
XAUUSD, 60 Long
GOLD plan 16 Januari
Trend H4 dan H1 bullish pattern cangkul udah terbentuk now S1 1199, S2 1196 No astrology aspect hingga jumat jam 5 pagi (Sun Inggress dan 3rd Q moon) now TP di 1206
pardis pardis TOP DIS, W, Long , 2 days ago
DIS: disney walt ..weekly review
47 0 9
DIS, W Long
disney walt ..weekly review
in my idea on daily time correction and pullback has ended and im looking for good moving toward upside ... stop loss is so nice ... buy
DLavrov DLavrov GBPUSD, 60, 3 days ago
GBPUSD: GBPUSD and Chart Pattern
182 0 22
GBPUSD, 60
GBPUSD and Chart Pattern
The symmetrical triangle usually forms during a trend as a continuation pattern. But we don't have any trend on this 1H chart. So, it's possible that price will be able to break up or down lines and we get a signal for opening trades in one of direction. If price breaks below the uptrend line, we'll open short ...
Tower1234 Tower1234 PRO AUDNZD, 720, Long , 13 days ago
AUDNZD: Aud/Nzd potential Long T1 & T2
40 0 5
AUDNZD, 720 Long
Aud/Nzd potential Long T1 & T2
Together with a lot of Asian news and AUD out in the next few weeks, we could see some movement here. Good Luck guys Comment if you dis-agree as always good to hear opinions
DLavrov DLavrov JPN225, D, Short , 6 days ago
JPN225: Nikkei 225 Bearish Divergence
93 0 17
JPN225, D Short
Nikkei 225 Bearish Divergence
Price reverses from the resistance level 19600 with confirmation from RSI indicator. Bearish divergence gives a signal for opening short trades. Entry level is below 19185 with stop above the resistance level. Profit targets are Moving Averages with 50 and 100 periods. MACD confirms down movement and DMI allows ...
HAL9000 HAL9000 PRO DIS, D, Long , 11 days ago
DIS: From strength to strength
56 0 5
DIS, D Long
From strength to strength
Yesterday's close >$106.75 gives breakout signal I was waiting for. Impressive turnaround since last earnings publication (stock up c. +17%): - Mr. Iger's suggested that ESPN worries might be overdone; - This gave the impulse the market was looking for. Currently positive on most time frames. Encouraging 50/200 ...
alessandro80 alessandro80 AUDUSD, D, 2 days ago
AUDUSD: Possibile formazione di Cypher patterns.....
20 0 4
AUDUSD, D
Possibile formazione di Cypher patterns.....
Come possiamo vedere abbiamo tutti i parametri necessari per lo sviluppo del pattern,se ci confermerà il punto D, cerchiamo la PRZ e poi prepariamoci allo short, per ora non mi dispiace trovare posizione long fino al punto D.
pardis pardis TOP DIS, D, Long , 11 days ago
DIS: buy
103 0 14
DIS, D Long
buy
uptrend... breakout of a major pivot point... triggered... buy
DLavrov DLavrov USDCAD, D, Long , 7 days ago
USDCAD: USDCAD Trading Idea
143 2 25
USDCAD, D Long
USDCAD Trading Idea
The price reached the support level 1.3200 and is going to bounce. RSI confirms price reversal and we could open long trades, but if we trade based on daily chart we need more confirmation. Wait for MACD histogram reversal and it will be an additional signal for possible up movement. DMI confirms strong down ...
Yuyu327 Yuyu327 PRO DIS, W, 8 days ago
DIS: DIS bat patter may form
32 0 2
DIS, W
DIS bat patter may form
Disney possible reach price at 118-120, then drop after earning, 120 is a strong resistance. if break 120, Disney possible go above 120
mhandley7 mhandley7 PRO DIS, D, 12 days ago
DIS: DIS Daily Elliot Wave
38 0 4
DIS, D
DIS Daily Elliot Wave
DIS looks like it may be in a wave (5) up
childreth43 childreth43 PRO DIS, D, Long , 12 days ago
DIS: Disney breaking out above 52-week high
21 0 2
DIS, D Long
Disney breaking out above 52-week high
Looking for $115
pardis pardis TOP DIS, D, Long , 12 days ago
DIS: buy
97 0 15
DIS, D Long
buy
uptrend... buy end of today market if candle close above the trend line
Oh_If_Only Oh_If_Only ESH2017, D, Short , 15 days ago
ESH2017: S&P 500 (ESH7 Mar Mini)
38 0 3
ESH2017, D Short
S&P 500 (ESH7 Mar Mini)
Jan 02: 17.30 AEDT Awkward chart - due to spinning top on Friday. I was expecting window dressing last week, and it was the bears. Next week, with most traders still on break, I am now expecting a brief rally. The tax losers are sold and growth stocks may support. Strong support at the 50% Fib, with rising ...
mikebiz mikebiz PRO USOIL, D, 16 days ago
USOIL: Thoughts on using Renko Charts (cont.)
90 0 7
USOIL, D
Thoughts on using Renko Charts (cont.)
Some of the following ideas are based on concepts outlined in this link: http://forexformation.com/mechanical-trading-system-based-on-renko-charts/ And, from the book "New Concepts in Technical Trading Systems" by J. Welles Wilder, Jr. In my previous ideas on renko charts, my main goal was to identify price ...
mikebiz mikebiz PRO SOYBNUSD, 120, 19 days ago
SOYBNUSD: Thoughts on Renko Charts (cont.)
27 0 3
SOYBNUSD, 120
Thoughts on Renko Charts (cont.)
Since my last discussion on Renko Charts, I've made some changes to what my view of long term vs. short term is. Currently, I'm experimenting with a 2hr and 5 min chart I'm continuing focus on my primary scenario of a breakout of price based on consolidation dictated by the ADX of the DMI. The general goal is ...
thegrowmoneymovement thegrowmoneymovement DIS, W, Short , 22 days ago
DIS: DIS - DISNEY EARLY 2017 PROJECTIONS
45 0 3
DIS, W Short
DIS - DISNEY EARLY 2017 PROJECTIONS
Testing....
mikebiz mikebiz PRO USOIL, D, 23 days ago
USOIL: Thoughts on using Renko Charts
105 0 6
USOIL, D
Thoughts on using Renko Charts
One of the first links I came across which seemed to have the least complex strategy: https://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2014/03/27/The-3-Step-EMA-and-Renko-Strategy-for-Trading-Trends.html Another challenge I quickly came to was what settings to use on TV for Renko charts. A ...
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