Directional Movement Oscillator
Directional Movement Oscillator consists of a plus
directional indicator (+DI) and a minus directional indicator (-DI). It
is calculated as the difference between indicators (+DI) and (-DI). The
oscillator’s positive values show bullish trends, while negative ones
show bearish trends.
The indicator view in the chart.
The indicator has the following parameters:
Period - set the indicator period.
Panel - selection of the indicator location in the chart:
- New panel
Show value - display of the indicator value on the price scale.
Show zero values - display of zero values.
Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.
Visual type - visual setting of the indicator display in the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setting of the line display style:
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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