OPEN-SOURCE SCRIPT
Actualizado David_FairPriceCandlestick_calculated
Description:
This indicator displays the "Typical Price" for each candle as a visual marker (cross) directly on the chart. The Typical Price is calculated as the average of the High, Low, and Close values of each bar:
(High + Low + Close) / 3
The marker provides a quick visual reference to the fair or average price level within every single candle.
Unlike a Point of Control (POC) or volume-based indicators, this script works purely with price data and is independent of volume or order flow.
Use cases:
Identify where most trading activity may have been concentrated within the candle (for price-based strategies)
Support as a reference line for mean-reversion or fair value concepts
Works on all timeframes and instruments
Customization:
You can easily change the marker style (cross, dot, triangle, etc.) and color within the script.
This indicator displays the "Typical Price" for each candle as a visual marker (cross) directly on the chart. The Typical Price is calculated as the average of the High, Low, and Close values of each bar:
(High + Low + Close) / 3
The marker provides a quick visual reference to the fair or average price level within every single candle.
Unlike a Point of Control (POC) or volume-based indicators, this script works purely with price data and is independent of volume or order flow.
Use cases:
Identify where most trading activity may have been concentrated within the candle (for price-based strategies)
Support as a reference line for mean-reversion or fair value concepts
Works on all timeframes and instruments
Customization:
You can easily change the marker style (cross, dot, triangle, etc.) and color within the script.
Notas de prensa
Description:This indicator displays the "Typical Price" for each candle as a visual marker (cross) directly on the chart. The Typical Price is calculated as the average of the High, Low, and Close values of each bar:
(High + Low + Close) / 3
The marker provides a quick visual reference to the fair or average price level within every single candle.
Unlike a Point of Control (POC) or volume-based indicators, this script works purely with price data and is independent of volume or order flow.
Use cases:
Identify where most trading activity may have been concentrated within the candle (for price-based strategies)
Support as a reference line for mean-reversion or fair value concepts
Works on all timeframes and instruments
Customization:
You can easily change the marker style (cross, dot, triangle, etc.) and color within the script.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.