Home MarketXLS
Dashboard MarketXLS
Screener MarketXLS
Options Profit Calculator MarketXLS
Stock Ranks MarketXLS
Spreadsheet Builder MarketXLS
Documentation MarketXLS
Logout MarketXLS

Plus Directional Indicator

Live
The plus directional indicator is used along with Negative Directional Indicator used to determine uptrend

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,"9/1/2021") - Returns PlusDirectionalindicator value for 30 day period with start date 1 September 2021

Notes

When +DI and -DI crossover, it indicates the possibility of a new trend

Assets

Stocks ETFs Mutual Funds Currencies Cryptocurrencies