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DI.mq5 (8.79 KB) view

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Oscillator DI (Damping Index) is designed for identifying the damping of the directed market movement.

Any value below 1.0 definitely points to slowing price movement, whatever direction it was moving before.

It has three input parameters:

Calculations:

DI = (H - L)/R

where:

H = Moving Average(High price, Period, Method)
L = Moving Average(Low price, Period, Method)
R = H[i-Period] - L[i-Period]

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20853

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DI - indicator for MetaTrader 5