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Portfolio123 » List all forums » Forum: Technical Analysis Topics » Thread: New TA indicators: DMIPlus, DMIMinus, DMICrossOver, DMICrossUnder |
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Total posts in this thread: 3 |
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marco
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Four new indicators are now available. You can find them under FUNCTIONS->TECHNICAL ANALYSIS. They are: DMIPlus(period,offset): Returns the DMI+ component of the Directional Movement System developed by Welles Wilder. An offset can be specified to calculate past values. To find stocks with strong +ve directional movement enter: DMIPlus(14,0) > DMIMinus(14,0) DMIMinus(period,offset): Returns the DMI- component of the Directional Movement System developed by Welles Wilder. An offset can be specified to calculate past values. To find stocks with strong -ve directional movement enter: DMIMinus(14,0) > DMIPlus(14,0) DMICrossOver(period,bars): Returns TRUE (or 1) if the DMI+ has crossed over the DMI- in the previous bars. DMI+ and DMI- are component of Welles Wilder DMI. To find stocks whose DMI+ crossed over the DMI- within the last 2 bars enter: DMICrossOver(14,2)=TRUE DMICrossUnder(period,bars): Returns TRUE (or 1) if the DMI- has crossed over the DMI+ in the previous bars. DMI+ and DMI- are component of Welles Wilder DMI. To find stocks whose DMI- crossed over the DMI+ within the last 2 bars enter: DMICrossUnder(14,2)=TRUE ---------------------------------------- Portfolio123 Staff ---------------------------------------- [Edit 1 times, last edit by marco at May 14, 2007 12:26:15 AM] |
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BJS
Advanced Member
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Thanks, Marco! I've been waiting patiently for these. Another great addition! |
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bl82
Advanced Member UNITED STATES Joined: Apr 18, 2004 Posts: 97 Status: Offline |
Very nice. This one will be fun to play with! ---------------------------------------- http://vixandmore.blogspot.com/ "Your one stop VIX-centric view of the universe..." |
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