Typical Field

Modified on 2022/01/10 09:04 by Rob Rrickson (CTS) — Categorized as: Uncategorized

TYPICAL

Represents the typical price, in ticks, of the current bar.

The typical price is the average of the Open, High, and Close bar prices.

This field is simply shorthand for the following formula:



{{(OPEN + HIGH + CLOSE) / 3}}

TYP

TYP is shorthand for TYPICAL. The two can be used interchangeably.



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