Nevron .NET Vision Documentation
Weighted Close

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

The Weighted Close indicator calculates the daily average of Hi, Low and Close prices. It is designed to put more weight on the Close values. The formula of the Weighted Close is:


    WC = (2 * close + high + low) / 4

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

 

 


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