Syntax
| Visual Basic (Declaration) | |
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Public Overloads Shared Function AroonUp( _ ByVal sc As SeriesCollection _ ) As Series | |
| Visual Basic (Usage) |  Copy Code |
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| C# | |
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public static Series AroonUp( SeriesCollection sc ) | |
Parameters
- sc
- A collection of series objects. For example, to evaluate this indicator for two series you will need to pass a series collection containing this two series.
Remarks
The indicator will return a value between 0 and 100, where a higher
value indicates that the highest high was achieved more recently. Persistent
values between 70 and 100 are said to indicate strength in the asset and in
conjunction with a low range (i.e. 0-30) in the Aroon Down indicator,
indicates an upward trend.
Evaluation of the Aroon Up Indicator
The Aroon Up indicator is given by:
100(n - (number of days since last highest high over n days))/n
where n is the number of days being considered (a reasonable
default value for n is 14).