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Stocks & Commodities V. 39:12 (16–18): The DMH: An Improved Directional Movement Indicator by John F. Ehlers

Stocks & Commodities V. 39:12 (16–18): The DMH: An Improved Directional Movement Indicator by John F. Ehlers

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The DMH: An Improved Directional Movement Indicator by John F. Ehlers

The directional movement indicator originally developed by J. Welles Wilder has been a mainstay in technical analysis. Its time to modernize it.

I hardly know where to start. Directional movement has been part of technical analysis for five decades, invented using pencil and paper for its calculations. Seriously! Check out the worksheets in J. Welles Wilders 1978 book, New Concepts In Technical Trading Systems ...
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