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

In This Topic
    Weighted Close
    In This Topic
     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