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:

Nicoski
Nicoski()
Nicoski(“Period”)
Nicoski(“OutPutStartCell”,”Period”)

Inputs:

'Open' and 'High' columns values

Parameters:

• Period (default=30)
• OutPutStartCell (default=the next blank column in the worksheet)

Examples:

Nicoski
Nicoski()
Nicoski(“30”)
Nicoski(30)
Nicoski(“G2”,”30”)
Nicoski(“G2”, 30)
Nicoski(G2,”30”)
Nicoski(G2, 30)