Kairi(String,Series,Series) Method

Calculates the Kairi Indicator measure as a percentage of the element value, the divergence between the a moving average (generally the simple moving average) of the value and the value itself for each period for which there is sufficient historical values.

[Visual Basic]
Overloads Public Shared Function Kairi( _
   ByVal seriesName As String, _
   ByVal s As Series, _
   ByVal movingAverageSeries As Series _
) As Series

[C#]
public static Series Kairi( 
   string seriesName,
   Series s,
   Series movingAverageSeries
);

Parameters

seriesName

The name of the series which will be displayed on the chart, i.e. its label.

s

A statistical series.

movingAverageSeries

Remarks

Remark: The Kairi Indicator is often used with conjunction with other moving averages within trading systems.

Evaluation

The formulae for the Kairi Indicator is as follows:

Kairi Indicator = (MA - price) / price

where MA is the moving average being considered and price is the present price of the underlying asset.

See Also

StatisticalEngine Class  | StatisticalEngine Members  | Overload List

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