Chart for .NET / User's Guide / Data Manipulation / Functions / Financial Functions / Price Indicators / Typical Price

In This Topic
    Typical Price
    In This Topic
     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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