|Visual Basic (Declaration)|
Public Overloads Shared Function MeanDeviation( _ ByVal seriesName As String, _ ByVal sc As SeriesCollection, _ ByVal elementValue As ElementValue _ ) As Series
|Visual Basic (Usage)||Copy Code|
public static Series MeanDeviation( string seriesName, SeriesCollection sc, ElementValue elementValue )
- The name of the series which will be displayed on the chart, i.e. its label.
- 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.
- 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.