Negative Directional Indicator - -di Definition

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Definition Of Negative Directional Indicator - -di:

A component of the average directional index (ADX) that is used to measure the presence of a downtrend.
When the -DI is sloping upward, it is a signal that the strength of the downtrend is increasing. This indicator isalmost always plotted with the positive directional indicator (+DI).Many traders will watch for the negative directional indicator (-DI) to cross above the positive directional indicator (+DI), whichsignals the beginning of a new downtrend. The -DI is a key factor used in the calculation of the popular average directional index (ADX).

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