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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