Summary
Weighted Close is an average of high, low and close prices where close has greater weight.
Remarks
Like a Typical price indicator weighted Close gives a simplified view of all prices for a period as a single series.
Syntax
public interface WeightedClose
Members
Name | Type | Summary |
---|---|---|
Result | Property | Gets the resulting time series of the Weighted Close indicator calculation. |
Example 1
//... private WeightedClose weightedCloseSeries; //... protected override void Initialize() { weightedCloseSeries = Indicators.WeightedClose(); //... } public override void Calculate(int index) { double weightedCloseValue = weightedCloseSeries.Result[index]; //... }
Example 2
using cAlgo.API; using cAlgo.API.Indicators; namespace cAlgo.Robots { // This sample cBot shows how to use the Weighted Close indicator [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)] public class WeightedCloseSample : Robot { private double _volumeInUnits; private WeightedClose _weightedClose; private SimpleMovingAverage _simpleMovingAverage; [Parameter("Volume (Lots)", DefaultValue = 0.01)] public double VolumeInLots { get; set; } [Parameter("Stop Loss (Pips)", DefaultValue = 10)] public double StopLossInPips { get; set; } [Parameter("Take Profit (Pips)", DefaultValue = 10)] public double TakeProfitInPips { get; set; } [Parameter("Label", DefaultValue = "Sample")] public string Label { get; set; } public Position[] BotPositions { get { return Positions.FindAll(Label); } } protected override void OnStart() { _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots); _weightedClose = Indicators.WeightedClose(); _simpleMovingAverage = Indicators.SimpleMovingAverage(_weightedClose.Result, 14); } protected override void OnBar() { if (_weightedClose.Result.HasCrossedAbove(_simpleMovingAverage.Result, 0)) { ClosePositions(TradeType.Sell); ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips); } else if (_weightedClose.Result.HasCrossedBelow(_simpleMovingAverage.Result, 0)) { ClosePositions(TradeType.Buy); ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips); } } private void ClosePositions(TradeType tradeType) { foreach (var position in BotPositions) { if (position.TradeType != tradeType) continue; ClosePosition(position); } } } }