MDI

MDI

Category

Description

Wilder's Minus Directional Index

Syntax

MDI(len)

Parameters

len - lookback period

Notes

This is the negative component of the ADX indicator, often referred to as -DI.

This indicator supports one-pass calculation when used in the Data Section with a non-variable length.

Example

MinusDI: MDI(14)
PlusDI: PDI(14)

Typically used together with PDI to determine directional trend.