Express - MA (H+L)/2, (H+L+C)/3
Posted: 04 Mar 2013 15:49
Dear Traders,
The attached express indicator is a median price moving average and a typical price moving average.
The median price is the mid-point of a trading period:
MP = (High + Low) / 2
The typical price includes information about the whole trading day:
TP = (High + Low + Close) / 3
In the indicator's inputs, type 0 is the median MA and type 1 is the typical MA.
Have fun!
Bastiaan
WH SELFINVEST
The attached express indicator is a median price moving average and a typical price moving average.
The median price is the mid-point of a trading period:
MP = (High + Low) / 2
The typical price includes information about the whole trading day:
TP = (High + Low + Close) / 3
In the indicator's inputs, type 0 is the median MA and type 1 is the typical MA.
Have fun!
Bastiaan
WH SELFINVEST