MQL4 - automated forex trading   /  

Forum

Typical Price

Back to topics list To post a new topic, please log in or register

avatar
332
t4fast 2010.10.15 02:29 


Hi all,

Typical Price is another approximation of average price for each period and can be used as a filter for moving average systems.

Calculated as: (High + Low + Close) / 3

Intel is shown with EMA 21-day exponential moving average (MA) and Typical PriceTypical Price (TP), used as a filter.



Could you kindly create this indicator, as it is available in metastock but not in metatrader.

Thanks in advance.


How to Develop a Reliable and Safe Trade Robot in MQL 4

How to Develop a Reliable and Safe Trade Robot in MQL 4

The article deals with the most common errors that occur in developing and using of an Expert Advisor. An exemplary safe automated trading system is described, as well.


avatar
233
codersguru 2010.10.15 02:39 

On of the MetaTrader Moving Average indicator Applied Prices is the Typical price.

PRICE_TYPICAL 5 Typical price, (high+low+close)/3.

avatar
332
t4fast 2010.10.15 11:13 

daaaaa, its already there, and i couldn't see it !!

Thanks codersguru .

Back to topics list  

To add comments, please log in or register