Nevron .NET Vision Documentation
Typical Price

Syntax
TYPICALPRICE(close; high; low)
Arguments
The 'close', 'high' and 'low' arguments must be arrays.
Result
The result is an array.
Description

Typical Price is an approximation of average price for each period and can be used as a filter for moving average systems. The formula of the Typical Price is:


    TP = (close + high + low) / 3

Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Price Indicators

 

 


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