|Visual Basic (Declaration)|
Public Overloads Shared Function MeanDeviation( _ ByVal elementName As String, _ ByVal s As Series, _ ByVal elementValue As ElementValue _ ) As Element
|Visual Basic (Usage)||Copy Code|
- The name of the element which will be displayed on the chart, i.e. its label.
- A financial series.
- Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.
The mean deviation is exactly what the name implies, that is, it is the arithmetic average of the differences from each of the elements of the series to the mean of the series.