Plus Directional Indicator
LiveReturns the Plus Directional Indicator, used to determine uptrends.
How calculated | Smoothed Positive directional movement/Average True Range |
Example usage | =PlusDirectionalIndicator("MSFT") - Returns PlusDirectionalindicator value for 14 day period =PlusDirectionalIndicator("MSFT",30) - Returns PlusDirectionalindicator value for 30 day period =PlusDirectionalIndicator("MSFT",30,"9/1/2022") - Returns PlusDirectionalindicator value for 30 day period with start date 1 September 2022 |
Notes | When +DI and -DI crossover, it indicates the possibility of a new trend |
Assets | Stocks, ETFs, Mutual Funds, Currencies, Cryptocurrencies |