Technical AnalysisIntermediate📖 6 min read

Minus Directional Movement (-DM)

The Raw Bearish Thrust That Powers Wilder's -DI

Creator
J. Welles Wilder (1978)
Measures
Raw downward directional movement
Scale
Price units (not normalized)
Transforms Into
-DI when smoothed & divided by TR

Deep in J. Welles Wilder's Directional Movement System lies the gritty foundation: Minus Directional Movement (-DM). This is the unpolished capture of pure downside price expansion – how much today's low plunged below yesterday's low. It's the bearish rocket fuel before any smoothing or normalizing turns it into the sleek -DI line. While most traders jump straight to -DI and ADX, peeking at raw -DM gives you an earlier, noisier glimpse of when sellers are getting aggressive. It's the heartbeat of bear pressure right at the source.

Table of Contents

Where -DM Fits in Wilder's Pyramid

The DMI system stacks up like this:

  • Raw Directional Movement split into +DM (up) and -DM (down).
  • Smooth and normalize → +DI and -DI.
  • Difference between DIs → smoothed into ADX for trend strength.

-DM is the very bottom layer – the bearish half of raw directional change.

Step-by-Step Calculation – Simple but Strict

Wilder's rule keeps it clean:

  • UpMove = Current High − Previous High (0 if negative).
  • DownMove = Previous Low − Current Low (0 if negative).
  • -DM = DownMove only if DownMove > UpMove and DownMove > 0; otherwise -DM = 0.

Key: only the *larger* directional move counts each bar – no double-dipping.

Raw -DM stays in price points; platforms usually hide it behind smoothed -DI.

What Raw -DM Is Whispering

Interpret the spikes:

  • Large -DM value: Sellers smashed a new low more than buyers lifted the high – pure bearish expansion.
  • -DM = 0: Either no new low or upside move dominated – bears took the day off.
  • Series of elevated -DM: Persistent downside pressure building – fuel for falling -DI.
  • Sudden -DM spike: Potential breakdown or panic selling kicking off.

Practical Ways to Use Raw -DM

Edge-giving ideas:

  • Early bear warning: Big -DM spike often precedes -DI crossing above +DI.
  • Custom filters: Only take bearish candlestick patterns (engulfing, dark cloud) when same-bar -DM is elevated.
  • Volatility gauge: Average recent -DM as a directional range measure – bigger values = expanding downside volatility.
  • Trend confirmation: Require recent -DM spikes above a percentile threshold before adding to shorts.
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Pair with volume – a huge -DM on heavy volume screams conviction.

Strengths and the Classic Caveats

The Wins

  • Unfiltered early look at bearish thrusts.
  • Great raw material for custom indicators and filters.
  • Complements +DM perfectly for directional balance view.

The Gotchas

  • Super noisy – lots of zeros and occasional wild spikes.
  • Not comparable across assets (raw price units).
  • Single news bar can distort – needs context or smoothing.

Your -DM Exploration Checklist

  • Calculate/plot raw -DM alongside price to spot the 'plunge' bars.
  • Compare spikes to volume and ATR for conviction.
  • Watch how sustained -DM feeds into -DI decline and potential crosses.
  • Use for breakout/breakdown filters or custom volatility metrics.
  • Remember: it's the raw ingredient – -DI and ADX cook it into signals.

Key Takeaways

1

-DM captures pure, aggressive downside range expansion – the bearish engine of DMI.

2

Only fires when downside move beats upside – ignores indecisive or bullish days.

3

Feeds directly into -DI: strong -DM bursts → falling -DI → potential bearish signals.

4

Noisy standalone, powerful when contextualized with volume, +DM, and ADX.

5

Look under the hood – understanding -DM helps you sense when bears are truly slamming the lows. Stay alert and trade sharp!

Related Terms

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