Does Ninjatrader offers this indicator? please see image.
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NinjaTrader
Adx, +dmi, -dmi
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X
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Hello Mathias79,
Thank you for your post.
The ADX indicator is available with NinjaTrader by default:
As for the +DMI and -DMI indicators in the screenshot, it is hard to tell exactly what those indicators are calculating and what the difference is between + and -. There are DM Index and DMI indicators that come with NinjaTrader. Descriptions of these indicators may be found at the following pages to determine if either one is what you are looking for:
Please let us know if we may be of further assistance.Emily C.NinjaTrader Customer Service
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The Directional Movement Index (DMI) comprises three plots: DI+, DI-, and ADX (Average Directional Index). DI+ is calculated as an average increase of high price (if the high price decreases, 0 is taken), divided by the ATR (Average True Range) and multiplied by 100. DI- is calculated similarly, using the decrease of low price instead. By default, in the calculation of both DI+ and DI-, the Wilder's average is used, however, you are free to choose other average types in input parameters. ADX is calculated as an average of the directional index; the average type is the same as in DI+ and DI. The directional index, in turn, is equal to the percentage ratio of the absolute value of difference between DI+ and DI- to their sum.
DMI is a trend-following indicator. DI+ crossing above the DI- suggests uptrend conditions, and vice versa, DI+ crossing below the DI- might signify the downtrend. ADX is used for confirmation: trend indications are more likely to be correct if ADX is rising and its values are above 50.
Comment
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Originally posted by Mathias79 View PostThe Directional Movement Index (DMI) comprises three plots: DI+, DI-, and ADX (Average Directional Index). DI+ is calculated as an average increase of high price (if the high price decreases, 0 is taken), divided by the ATR (Average True Range) and multiplied by 100. DI- is calculated similarly, using the decrease of low price instead. By default, in the calculation of both DI+ and DI-, the Wilder's average is used, however, you are free to choose other average types in input parameters. ADX is calculated as an average of the directional index; the average type is the same as in DI+ and DI. The directional index, in turn, is equal to the percentage ratio of the absolute value of difference between DI+ and DI- to their sum.
DMI is a trend-following indicator. DI+ crossing above the DI- suggests uptrend conditions, and vice versa, DI+ crossing below the DI- might signify the downtrend. ADX is used for confirmation: trend indications are more likely to be correct if ADX is rising and its values are above 50.
It seems as though what you are looking for is the built in DM indicator:- https://ninjatrader.com/support/help...ovement_dm.htm
- "Same as the ADX indicator with the addition of the +DI and -DI values."
- https://www.screencast.com/t/fCyA8iYB
- https://www.screencast.com/t/wHV7avkIyI
- Plots: https://www.screencast.com/t/cOQEng74iS
Thank you for your time and patience.Emily C.NinjaTrader Customer Service
Comment
- https://ninjatrader.com/support/help...ovement_dm.htm
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