Typical Price: Difference between revisions
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(Created page with "Typical Price calculates and plots the arithmetic average of High, Low and Close prices of the current bar. The average of the Typical Prices for the number of most recent ba...") |
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Typical Price calculates and plots the arithmetic average of High, Low and Close prices of the current bar. The average of the Typical Prices for the number of most recent bars specified in Length input is also calculates and plotted. | Typical Price calculates and plots the arithmetic average of High, Low and Close prices of the current bar. The average of the Typical Prices for the number of most recent bars specified in Length input is also calculates and plotted. | ||
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Using the Typical Price instead of a simple [[Mov Avg 1 Line|Moving Average]] | Using the Typical Price instead of a simple [[Mov Avg 1 Line|Moving Average]] allows to take the High and Low prices into consideration. | ||
== Default Inputs == | == Default Inputs == |