Nicoski

The Nicoski Index is an Advance/Decline ratio indicator. Instances when the indicator passes above or below 1.00 should be considered for market turning points. These points tend to be more accurate if in the past the indicator had been well above or below 1.00 before it crosses to below or above 1.00 respectively.

Syntax:

Public Function Nicoski(ByVal HLOCV()() As Double, ByVal Lag As Long) As Double

Parameters:

  • ByVal HLOCV()() As Double
  • ByVal Lag As Long

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Example:

 

    Dim TA4Net As New TA4Net.CTAFunctions("YOUR-REGISTRATION-CODE")

    Dim Result() As Double

    Dim HLOCV(,) As Double

 

    ' loading values to array

    HLOCV = GetHLOCVValues()

    ' calculating Technical Analysis function

    Result = TA4Net.Nicoski(HLOCV, 14)

 

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