How Can We Help?

Typical Price

Created On
Last Updated On
byMike
Print
You are here:
< All Topics

TypicalPrice()
TP()

Overview
A Typical Price is an average of one period’s high, low, and close values.

Interpretation
A Typical Price is used as a component for the calculation of several technical indicators.

Example
set smaTP = SMA(TP(), 14)
set BUY = CROSSOVER(CLOSE, smaTP)
Evaluates to buy when the close crossed over the 14-day SMA of the Typical
Price.

Table of Contents