Description
The Typical Price study plots arithmetical mean of High, Low, and Close price values along with its SMA.
Typical Price plot going above its SMA might indicate uptrend; when it falls below, downtrend is suggested.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate the SMA. |
Plots
| Plot | Description |
|---|---|
TypPrice
|
The Typical Price plot. |
Avg
|
The SMA of Typical Price. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.