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Forex
 

Indices
 

Typical Price (TYP)

Typical price (TYP) is technical analysis indicator which averages price for each period. Some technicians use it instead of closing price. Money flow index indicator uses typical price.

Typical price is calculated by formula:

Formula for Typical Price

Typical Price (TYP)
Typical Price (TYP)


Interpretation

Typical price is used by some technicians instead of closing price.


Example

Open chart for google with typical price indicator.


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