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AveragePrice

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Syntax

public AveragePrice(Bars bars, string description)
public static AveragePrice Series(Bars bars)

Parameter Description

bars The Bars object

Description

See Calculation. See also: AveragePriceC

Interpretation

AveragePrice represents the average price between the High and Low of a bar.

Calculation

AveragePrice = (High + Low) / 2

Example

Find and plot the % spread between the AveragePrice of the clicked symbol and that of MSFT.

using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies { public class MyStrategy : WealthScript { protected override void Execute() {

DataSeries avg = AveragePrice.Series(Bars); Bars xBars = GetExternalSymbol("MSFT", true); DataSeries xAvg = AveragePrice.Series(xBars); DataSeries spreadPct = 100 * (xAvg/avg - 1); spreadPct.Description = "% Spread"; ChartPane cp = CreatePane(40, true, true); PlotSeries(cp, spreadPct, Color.Blue, LineStyle.Histogram, 2); } } }

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