WebCab Technical Analysis for COM v1.1

DirectionalMovementIndicator.MinusDirectionalMovementTR Method 

Evaluates the Minus Directional Movement Indicator (DMI) of the Current Bar.

public double MinusDirectionalMovementTR(
   double trueRange,
   double minusDirectionalMovement
);

Parameters

trueRange
The true range of the Current Bar (i.e. todays).
minusDirectionalMovement
The minus directional movement of the asset over the past day.

Return Value

The double value of todays Minus Directional Movement Indicator for the asset considered.

Exceptions

Exception TypeCondition
ArgumentExceptionThrown if the trueRange is not positive.

See Also

DirectionalMovementIndicator Class | WebCab.COM.Finance.Trading.Indicators Namespace | TrueRange | MinusDirectionalMovement