(Financial Indicator)

Commonly abbreviated as DMI.
Is a momentum indicator.
Was developed by Tushar Chande.
Is computed using the close prices.
Returns one time series, which is the ratio of variable period exponential moving averages for gains and losses rescaled to be between 0 and 100.
The first value in the time series occurs after periods.


Click for copyable input

See Also

"IntradayMomentumIndex"  "MoneyFlowIndex"  "RelativeMomentumIndex"  "WilliamsAccumulationDistribution"