Overload | Description |
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Kairi(String,Series,Series) | 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. |
Kairi(Series,Series) | 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. |
Kairi(Series,SeriesCollection) | 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. |
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.