Evaluates the Plus Directional Movement Indicator (PDMI) over a number of periods using price data only.
Syntax
Parameters
- sc
- A collection of financial series objects. For example, to evaluate this indicator for
two series you will need to pass a series collection containing this two series.Please note that in order
to calculate this indicator the elements of the financial series must contain
High, Low and Close values.
Return Value
A collections of series. Each series has the k-th term corresponds to the PDMI of the k-th Bar.
Please note that if the asset price is constant over any period considered then the Plus Directional
Movement Indicator for that period is taken to be zero.
See Also