DMI Osc Below (PaintBar)
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Input Information
| Name | Expression | Default | Description |
| Length | Numeric | 10 | The number of bars over which the DMI oscillator's value is calculated. |
| TriggerLevel | Numeric | 0 | The level of the DMI oscillator below which bars are painted. |
Description
DMI Osc Below paints any bar on which the DMI oscillator's value is below the user-specified TriggerLevel (0 by default). See the references listed below for additional information.
References
Star, Barbara. "The DMI Stochastic", Technical Analysis of Stocks and Commodities (31), January, 2013.
Wilder, J. Welles, Jr. New Concepts in Technical Trading Systems (Greensboro, NC: Trend Research, 1978).
Related
DMI Oscillator LE (Strategy)
DMI Oscillator SE (Strategy)