Barbara Star’s article, “The DMI Stochastic,” includes multiple formulas. The MetaStock version of those formulas are listed below, courtesy of Mrs. Star

Indicators:

Name: DMI Osc
Formula:

PDI(10)-MDI(10)

Change the line style to a histogram. Once the histogram is plotted, place a one period simple moving average on the DMI Oscillator to outline the shape.


Name: DMI Stochastic
Formula:

(Sum(PDI(10)-MDI(10)-LLV(PDI(10)-MDI(10 ),3),3)/
Sum(HHV(PDI(10)-MDI(10),3)-LLV(PDI(10)-MDI(10 ),3),3))*100


Expert Advisor:

Highlights:

Name: DMI Oscillator Above Zero
Color: Blue
Formula:

Fml("DMI Osc") > 0


Name: DMI Oscillator Below Zero
Color: Red
Formula:

Fml("DMI Osc") < 0


Symbols:

Name: Lower Extreme
Symbol: Up Arrow
Color: Green
Position: Below Prices
Formula:

(Fml("DMI Stochastic")>10) AND (Ref(Fml("DMI Stochastic"),-1)<=10)


Name: Upper Extreme
Symbol: Down Arrow
Color: Red
Position: Above Prices
Formula:

(Fml("DMI Stochastic")<90) AND (Ref(Fml("DMI Stochastic"),-1)>=90)


Name: Reversal Alerts to Upside
Symbol: Diamond
Color: Green
Position: Below Prices
Formula:

Cross(Fml("DMI Stochastic"),Mov(Fml("DMI Stochastic"),3,S))


Name: Reversal Alerts to Downside
Symbol: Diamond
Color: Red
Position: Above Prices
Formula:

Cross(Mov(Fml("DMI Stochastic"),3,S),(Fml("DMI Stochastic")))