Trending stocks make for profitable trades - "The Trend is Your Friend". dmTrend is
based on Welles Wilder's
concept of Directional Movement to
identify stocks that are entering a new trend or are already
in an established trending pattern.
dmTrend is not affiliated directly or indirectly with any other financial website
or service provider so you're guaranteed an unbiased and objective daily selection of
technical trending indicators. There are no subscription fees or membership
requirements - our revenue comes from the display ads that you see on our site. Pass
this site on to a fellow trader if you find it useful. Thanks, dmTrend.com.
We strongly suggest that you read the
Detailed trading instructions
in order to fully understand and make use of the Directional
Movement trending indicators.
Chart patterns are extremely useful in interpreting the ADX, +DI14 and -DI14
indicator values. In a single glance, a chart can bring into focus whether or not
a profitable trade can be made given the current trending indicator values.
Here are two sample charts that depict good trending characteristics.