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TypicalPrice(Series) Method
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dotnetCHARTING Namespace > FinancialEngine Class > TypicalPrice Method : TypicalPrice(Series) Method

The financial series.
Evaluates the Typical Price of an asset within a given trading period.


Visual Basic (Declaration) 
Public Overloads Shared Function TypicalPrice( _
   ByVal s As Series _
) As Series
Visual Basic (Usage)Copy Code
Dim s As Series
Dim value As Series
value = FinancialEngine.TypicalPrice(s)
public static Series TypicalPrice( 
   Series s


The financial series.


The typical price is just the arithmetic average of the high, low and closing price for the trading period considered. Generally speaking the period considered will be a single trading day, however the typical price is equally applicable to other time spans and hence the period considered could be (for example) a month or year.


The Typical Price is often used in place of the closing price in the development of trading systems in which either another intra-day system is used from the intra-period timing of trades, or when the trading party is given discretion on intra-period trading decisions.

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