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PDI is Positive Directional Movement Indicator (aka +DI)
MDI is Minus Directional Movement Indicator (aka -DI)
They are both AFL functions. Look at the following link for a little
background info on ADX along with +DI and -DI.
http://www.stockcharts.com/education/What/IndicatorAnalysis/indic_ADX.html
--- In amibroker@xxxxxxxxxxxxxxx, "gosub283" <gosub283@xxxx> wrote:
> phsst and others,
>
> In his recent post, "phsst" wrote.
> "Use ADX, PDI & MDI to determine the current
> trend, then....."
>
> I'm having some trouble finding info and
> formulas for the PDI. (I assume this is the
> Probable Direction Index)
> Can anyone point me in the right direction, or
> has anyone already coded this in AFL ?
>
> Thanks to anyone who contributes,
>
> Cheers,
> Gosub
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