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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (4294)2/2/1998 7:11:00 PM
From: Christopher  Respond to of 7396
 
Mark, DMI is the ratio of +DI over -DI. It is like ROC. You can
also take the difference instead if you like and that would be like Momentum. When DMI heads up that means +DI are getting higher then -DI. When DMI heads down then it is the reverse. It is the same thing as looking at +DI and -DI the way you do but instead you have only one graph to look at. You may want to plot DMI below +DI and -DI for a different look at the same thing.