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Forex
 

Indices
 

Weighted Close (WCL)

Weighted Close (WCL) is one of technical analysis indicators which averages price of each period, like typical price and median price.

Weighted close is calculated by formula:

Formula for Weighted Close

Weighted Close (WCL)
Weighted Close (WCL)


Interpretation

Weighted close is used by some technicians instead of closing price.


Example

Open chart for google with weighted close indicator.


< Volume rate of change
Williams A/D >