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

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    Typical Price
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    TYPICALPRICE(close; high; low)
    The 'close', 'high' and 'low' arguments must be arrays.
    The result is an array.

    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