# PLUS_DI: Plus Directional Indicator ### TL;DR Measures upward directional movement strength as a percentage (0-100). ## Introduction The Plus Directional Indicator (+DI) measures the strength of upward price movement relative to the true range. It is one of the components of the Directional Movement System developed by J. Welles Wilder Jr. When +DI is rising, upward price pressure is increasing. When +DI crosses above -DI, it signals a potential bullish trend. The +DI line is commonly plotted alongside -DI to visualize directional balance. ## Calculation +DI = Smoothed(+DM) / Smoothed(TR) × 100 Where: - +DM (Plus Directional Movement) = max(High - PrevHigh, 0) when High - PrevHigh > PrevLow - Low, else 0 - TR (True Range) = max(High - Low, |High - PrevClose|, |Low - PrevClose|) - Smoothing uses Wilder's method: Smooth = Smooth - Smooth/N + Input ## Parameters | Parameter | Default | Range | Description | | :--- | :--- | :--- | :--- | | Period | 14 | 2-∞ | Wilder smoothing period | ## Interpretation - **Rising +DI:** Strengthening upward movement - **+DI > -DI:** Bulls dominate; potential uptrend - **+DI crossover above -DI:** Bullish signal - **High +DI (>40):** Strong upward momentum ## References - Wilder, J. Welles Jr. "New Concepts in Technical Trading Systems" (1978)