CandleAverage: Mean value of OHLC prices
Description Usage Arguments Details Value Author(s) Examples
Description
Calculates the average value of different price levels within a price bar.
Usage
1 2 3 | OHLC_Average(TS)
HLC_Average(TS)
HL_Average(TS)
|
Arguments
TS |
xts Time Series containing Open and Close Prices |
Details
The calculation of the average of the high, low, and close, is as follows:
OHLC Average = (Open + High + Low + Close) / 4
HLC Average = (High + Low + Close) / 3
HL Average = (High + Low) / 2
Value
A xts object containing the corresponding column:
OHLC_Average |
|
HLC_Average |
|
HL_Average |
Author(s)
Andreas Voellenklee
Examples
1 2 3 4 5 6 7 8 | ## Not run:
# calculate average prices for a daily OHLC price series
getSymbols('YHOO', adjust=TRUE)
head(cbind(OHLC_Average(YHOO),
HLC_Average(YHOO),
HL_Average(YHOO)))
## End(Not run)
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