Typical Price

The Typical Price indicator is an average of each day's price. The Median Price and Weighted Close Indicator are similar indicators.

The Typical Price indicator provides a simple, single-line plot of the day's average price. Some investors use the Typical Price rather than the closing price when creating moving average penetration systems.

Syntax:

TypicalPrice
TypicalPrice()
TypicalPrice(“OutPutStartCell”)

Inputs:

'High', 'Low', and 'Close' columns values

Parameters:

• OutPutStartCell (default=the next blank column in the worksheet)

Examples:

TypicalPrice
TypicalPrice()
TypicalPrice(“G2”)
TypicalPrice(G2)