Directional Movement Index (DMI)

<< Click to Display Table of Contents >>

Navigation:  NinjaScript > Language Reference > Common > System Indicator Methods >

Directional Movement Index (DMI)

 Previous page Return to chapter overview Next page

Description

An indicator developed by J. Welles Wilder for identifying when a definable trend is present in an instrument. That is, the DMI tells whether an instrument is trending or not.

 

...Courtesy of FMLabs

 

Syntax

DMI(int period)
DMI(ISeries<double> input, int period)

 

Returns default value
DMI(int period)[int barsAgo]
DMI(ISeries<double> input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Example

ns

// Prints the current value of a 20 period DMI using default price type
double value = DMI(20)[0];
Print("The current DMI value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.