DI+
Technical analysisAlso called: +DI, Positive directional indicator
The positive directional indicator — the share of recent price range attributable to upward movement, plotted alongside ADX.
In plain terms
ADX gives strength and no direction whatsoever. Reading a high ADX on its own as bullish is a common and expensive error; this is where the direction comes from.
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Technical analysisAlso called: −DI, Negative directional indicator
The negative directional indicator — the share of recent price range attributable to downward movement, plotted alongside ADX.
In plain terms
When it sits above DI+, whatever strength ADX is reporting belongs to a downtrend. An ADX of 45 is equally consistent with a runaway rally and a violent crash.
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