MarvelChart en Help

Prices

Highest High

Highest High

The Highest High indicator, as its name suggests, creates a line that connects the highest HIGH values reached by the financial instrument in the selected period.

Lowest Low

Lowest Low

The Lowest Low indicator, as its name suggests, creates a line that joins the minimum LOW values reached by the financial instrument in the selected period.

Median Price (HL2)

Median Price

The Median Price is an easy-to-understand indicator formed by the average price of each bar over the period of time considered.

OHLC Average (OHLC4)

OHLC Average

The OHLC Average is an easy-to-understand indicator formed by the average of each bar prices over the period of time considered.

Today High

Today High

Gets the highest price of the current day.

Today Low

Today Low

Gets the lowest price of the current day.

Today Open

Today Open

Gets the opening price of the current day.

True High

True High

Simple indicator calculated by taking the highest values between the HIGH value of the current bar and the CLOSE of the previous one.

True Low

True Low

Simple indicator calculated by taking the lowest values between the LOW value of the current bar and the CLOSE of the previous one.

Typical Price (HLC3)

Typical Price

Typical Price is a commonly used indicator to calculate supports and resistances using the average of the HIGH, LOW and CLOSE of the previous bar.

Weighted Close (HLCC4)

Weighted Close

The Weighted Close indicator is constructed as a weighted average of the bar prices. In this indicator gives double weight to the CLOSE price compared to the sum of the HIGH and LOW of the bar. Indicators very similar to this are the Median Price and the Typical Price. We have a BUY signal when the indicator crosses an Exponential Moving Average from bottom to top. up, vice versa we have a SHORT signal when the indicator crosses an Exponential Moving Average from top to bottom. The Weighted Close indicator is very useful because it limits false entry signals generated by small oscillations.

Yesterday Close

Yesterday Close

Gets the previous day's close price.

Yesterday High

Yesterday High

Gets the previous day's high price.

Yesterday Low

Yesterday Low

Gets the previous day's low price.

Yesterday Open

Yesterday Open

Gets the previous day's open price.

Last modified: 13 December 2024