Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Weighted Price

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Weighted Price

    From the NinjaTrader 7.0.0.22 Help File:

    A collection of historical bar weighted prices. Weighted price = (High + Low + Close + Close) / 4.

    I had in mind that the weighted price refers to (High + Low + Open + Close) / 4.

    #2
    Harry, it should be better called Weighted Close, as the idea is to give the Close price more weight in the final result, but what we use is in line with industry standards I believe. The one you had mind would be the Woodies Pivot calc value if daily data is used...

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by CarlTrading, 03-31-2026, 09:41 PM
    1 response
    82 views
    1 like
    Last Post NinjaTrader_ChelseaB  
    Started by CarlTrading, 04-01-2026, 02:41 AM
    0 responses
    43 views
    0 likes
    Last Post CarlTrading  
    Started by CaptainJack, 03-31-2026, 11:44 PM
    0 responses
    64 views
    2 likes
    Last Post CaptainJack  
    Started by CarlTrading, 03-30-2026, 11:51 AM
    0 responses
    68 views
    0 likes
    Last Post CarlTrading  
    Started by CarlTrading, 03-30-2026, 11:48 AM
    0 responses
    56 views
    0 likes
    Last Post CarlTrading  
    Working...
    X