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Directional Movement Oscillator (DMI)
The DMI Oscillator is a technical indicator which uses values of DMI in order to predict miscellaneous sides of market behavior.
Two components of DMI are used in calculation: DI+ and DI-; the DMI oscillator calculates the difference between these components and represents it as both a line and a histogram.
According to the rules described by Barbara Star in her article "The DMI Stochastic", the following market conditions can be predicted:
When the oscillator is positive and decreasing, a consolidation or pullback might take place. When price is in uptrend and the oscillator is positive but makes lower highs, a bearish divergence might be identified.
Conversely, when price is in downtrend and the oscillator is negative but keeps moving up, a bullish divergence might take place.
Trend continuation might be identified when the oscillator moves to the zero line and then rebounds from it.
In quiet markets, oscillator values fluctuating near the zero line (approx. -10 to +10 range) might signify sideways or rangebound price action.
Two components of DMI are used in calculation: DI+ and DI-; the DMI oscillator calculates the difference between these components and represents it as both a line and a histogram.
According to the rules described by Barbara Star in her article "The DMI Stochastic", the following market conditions can be predicted:
When the oscillator is positive and decreasing, a consolidation or pullback might take place. When price is in uptrend and the oscillator is positive but makes lower highs, a bearish divergence might be identified.
Conversely, when price is in downtrend and the oscillator is negative but keeps moving up, a bullish divergence might take place.
Trend continuation might be identified when the oscillator moves to the zero line and then rebounds from it.
In quiet markets, oscillator values fluctuating near the zero line (approx. -10 to +10 range) might signify sideways or rangebound price action.
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开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。