TypicalPrice(String,Series) Method
Evaluates the Typical Price of an asset within a given trading period.
Syntax
'Declaration Public Overloads Shared Function TypicalPrice( _ ByVal seriesName As String, _ ByVal s As Series _ ) As Series
'Usage Dim seriesName As String Dim s As Series Dim value As Series value = FinancialEngine.TypicalPrice(seriesName, s)
public static Series TypicalPrice( string seriesName, Series s )
Parameters
- seriesName
- The name of the series which will be displayed on the chart, i.e. its label.
- s
- The financial series.
Remarks
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.
Applications
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.
Requirements
Target Platforms: Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2
See Also