Directional Movement Index (DMI / DX) Type: Momentum, Trend (using +DI & -DI)
The DX was developed by John Welles Wilder, Jr.. and may help traders assess the strength
of a trend (momentum) and direction of the trend.
If there is no change in the trend, then the DX is 0. The return value increases when there
is a stronger trend (either negative or positive). To detect if the trend is bullish or bearish you have
to compare +DI and -DI. When +DI is above -DI, then there is more upward pressure than downward pressure
in the market.
Directional Movement Index (DMI / DX) Type: Momentum, Trend (using +DI & -DI)
The DX was developed by John Welles Wilder, Jr.. and may help traders assess the strength of a trend (momentum) and direction of the trend.
If there is no change in the trend, then the DX is
0. The return value increases when there is a stronger trend (either negative or positive). To detect if the trend is bullish or bearish you have to compare +DI and -DI. When +DI is above -DI, then there is more upward pressure than downward pressure in the market.See
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/dmi