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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

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