Dow Industrial Trending Stocks
The Dow Jones Industrial Average (DJIA) contains 30 of the largest
and most influential companies in the States.
For more information about this index, refer to the Dow Jones Industrial Average section
of our website.
dmtrend is based on Welles Wilder's concept of "Directional Movement".
Directional Movement signals occur as follows:
- Uptrend signal : +DI14 crosses above -DI14 and ADXR >= 25
- Downtrend signal : -DI14 crosses above +DI14 and ADXR >= 25
dmTrend applies similar criteria for conservative entry points but also generates early trending signals.
Be sure you understand the difference - refer
to our section Trading Using The Directional Movement System for details.
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