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Weighted Close

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WeightedClose()
WC()

Overview
Weighted Close is an average of each day’s open, high, low, and close, where
more weight is placed on the close.

Interpretation
The Weighted Close indicator is a simple method that offers a simplistic view of market prices.

Example
set BUY = WC() > REF(WC(), 1)
Evaluates to buy when the weighted close is higher than the previous value.

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