Average Price for Bar

Average Price for Bar - it calculates the average value on the basis of the Open, High, Low and Close prices.

How the indicator looks like in the chart:

Image 27015

The indicator has the following parameters:

Image 27016


Calculation Mode - setting the average price calculation mode.

  • (High + Low)/2
  • (High + Low + Close)/3
  • (High + Low + 2*Close)/4
  • (Open + High + Low + Close)/4


Panel - selection of the indicator location in the chart:

  • New panel
  • Chart


Show value - showing the indicator value on the price scale.

Show zero values - showing zero values.

Scale - if this option is ON, the scale will be calculated automatically based on the minimum and maximum indicator values, so that the indicator would be accommodated in the chart.


Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Solid
  • Dash
  • Dot
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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