Evaluates the Plus Directional Movement Indicator (PDMI) over a number of periods using price data only.
Syntax
Visual Basic (Declaration) |
|
Public Overloads Shared Function PlusDirectionalMovement( _
ByVal s As Series _
) As Series |
Parameters
- s
- A financial series where the first element contain the prices of last trading period, the second element represents the prices of the previous periods and so on. 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 series with 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