Technical_Analysis_page_318

Technical | Analysis page 318 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 14 Moving Averages 289 Wilder’s Directional Movement -DM and +DM +DM +DM —DM —DM +DM No DM Whichever Is Larger FIGURE 14.7 Calculating directional movement Constructing Directional Movement Indicators A moving average is calculated for both +DM and —DM, usually over 14 days, using the…