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

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    Weighted Close
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    WEIGHTEDCLOSE(close; high; low)
    The 'close', 'high' and 'low' arguments must be arrays.
    The result is an array.

    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