// Licensed under the Apache License, Version 2.0 // © mihakralj //@version=6 indicator("Plus Directional Indicator (+DI)", "+DI", overlay=false) //@function Calculates +DI using Wilder's smoothing with compensated RMA //@param period Number of bars used in the calculation //@returns +DI value (0-100) //@optimized Uses Wilder's smoothing (RMA) with warmup compensation for accurate values from bar 1 plusdi(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 tr = 0.0 float plus_dm = 0.0 if na(close[1]) tr := high - low else tr := math.max(high - low, math.max(math.abs(high - close[1]), math.abs(low - close[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 tr_ema = 0.0 var float tr_result = tr var float plus_dm_ema = 0.0 var float plus_dm_result = plus_dm tr_ema := alpha * (tr - tr_ema) + tr_ema plus_dm_ema := alpha * (plus_dm - plus_dm_ema) + plus_dm_ema if warmup e *= beta float c = 1.0 / (1.0 - e) tr_result := c * tr_ema plus_dm_result := c * plus_dm_ema warmup := e > 1e-10 else tr_result := tr_ema plus_dm_result := plus_dm_ema float plus_di = tr_result != 0.0 ? 100.0 * plus_dm_result / tr_result : 0.0 plus_di // ---------- Main loop ---------- // Inputs i_period = input.int(14, "Period", minval=1, tooltip="Number of bars used in the calculation") // Calculation plus_di = plusdi(i_period) // Plot plot(plus_di, "+DI", color=color.green, linewidth=2) hline(25, "Threshold", color=color.gray, linestyle=hline.style_dashed)