// Licensed under the Apache License, Version 2.0 // © mihakralj //@version=6 indicator("Plus Directional Movement (+DM)", "+DM", overlay=false) //@function Calculates Wilder-smoothed +DM using compensated RMA //@param period Number of bars used in the calculation //@returns Smoothed +DM value in price units (≥0) //@optimized Uses Wilder's smoothing (RMA) with warmup compensation for accurate values from bar 1 plusdm(simple int period) => if period <= 0 runtime.error("Period must be greater than 0") float alpha = 1.0 / period float beta = 1.0 - alpha float plus_dm = 0.0 if not na(high[1]) float upMove = high - high[1] float downMove = low[1] - low if upMove > downMove and upMove > 0 plus_dm := upMove var bool warmup = true var float e = 1.0 var float plus_dm_ema = 0.0 var float plus_dm_result = plus_dm plus_dm_ema := alpha * (plus_dm - plus_dm_ema) + plus_dm_ema if warmup e *= beta float c = 1.0 / (1.0 - e) plus_dm_result := c * plus_dm_ema warmup := e > 1e-10 else plus_dm_result := plus_dm_ema plus_dm_result // ---------- Main loop ---------- // Inputs i_period = input.int(14, "Period", minval=1, tooltip="Number of bars used in the calculation") // Calculation plus_dm_value = plusdm(i_period) // Plot plot(plus_dm_value, "+DM", color=color.green, linewidth=2)