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AroonUp(String,SeriesCollection) Method
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dotnetCHARTING Namespace > FinancialEngine Class > AroonUp Method : AroonUp(String,SeriesCollection) Method


seriesName
The name of the series which will be displayed on the chart, i.e. its label.
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.
Evaluates the Aroon Up indicator which measures the relative time since the last highest high.

Syntax

Visual Basic (Declaration) 
Public Overloads Shared Function AroonUp( _
   ByVal seriesName As String, _
   ByVal sc As SeriesCollection _
) As Series
Visual Basic (Usage)Copy Code
Dim seriesName As String
Dim sc As SeriesCollection
Dim value As Series
 
value = FinancialEngine.AroonUp(seriesName, sc)
C# 
public static Series AroonUp( 
   string seriesName,
   SeriesCollection sc
)

Parameters

seriesName
The name of the series which will be displayed on the chart, i.e. its label.
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).

See Also

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