# MINUS_DI: Minus Directional Indicator ### TL;DR Measures downward directional movement strength as a percentage (0-100). ## Introduction The Minus Directional Indicator (-DI) measures the strength of downward 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, downward price pressure is increasing. When -DI crosses above +DI, it signals a potential bearish trend. The -DI line is commonly plotted alongside +DI to visualize directional balance. ## Calculation -DI = Smoothed(-DM) / Smoothed(TR) × 100 Where: - -DM (Minus Directional Movement) = max(PrevLow - Low, 0) when PrevLow - Low > High - PrevHigh, 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 downward movement - **-DI > +DI:** Bears dominate; potential downtrend - **-DI crossover above +DI:** Bearish signal - **High -DI (>40):** Strong downward momentum ## References - Wilder, J. Welles Jr. "New Concepts in Technical Trading Systems" (1978)