Weighted Close

Weighted Close Definition
The weighted close indicator calculates the average price change for a security and places more emphasis on the closing price.

Weighted Close
The Weighted Close indicator measures an average of every day's price. Its name stems from the fact that twice as much weight is given to the closing price as is given to the sum of the daily high and daily low.

The Weighted Close indicator is the average of a day's close, high and low with extra weight being given to the closing price hence the name, making it similar to the Median Price indicator.

The Weighted Close indicator is an average of each day's price. Twice as much weight is given to the closing price as is given to the sum of the daily high and daily low. The Median Price and Typical Price are similar indicators.

Weighted Close (WC): Same as the Typical Price, except the Close is given extra weight in the calculation.

Weighted Close Indicator:
Conventional Interpretation:
The weighted close is often a better input in indicators which rely on closing price, as it offers a better indication of market price throughout the session than does the closing price.

Weighted Close (WTC): An indicator that measures an average price change for an instrument while place emphasis on the closing price by giving twice as much weight as the daily high and low price.

WEIGHTED CLOSE
Overview
The Weighted Close indicator is simply an average of each day's price. It gets its name from the fact that extra weight is given to the closing price. The Median Price and Typical Price are similar indicators.

Weighted Close (WTC)
Weighted Moving Average (WMA)
Williams % R/ Percent R (PCR)
Welcome to the Lexicon of Trading Systems and Indicators.

Weighted Close A weighted average of the high, low and close that places more weight on the closing value by counting it twice.
Whipsaw: A whipsaw occurs when a buy or sell signal is reversed in a short time.

Weighted Close Chart - The Weighted Close indicator is an average of each day's price, with extra weight is given to the closing price.

Weighted Close
Weighted Close is similar to Typical Price - the main difference being that the weighted close, as the name implies, place greater weighting on closing price.

The weighted close, (high + low + close + close)/4, is another. To maintain clarity, I will confine my discussion of trading bands to the use of closing prices for the construction of bands.

Weighted Average: A moving average that uses a selected time span, but gives greater weight to the more recent price data. Weighted Close A weighted average of the high, ...

Indicators
Real MACD Colored: 12,26,1
Stochastic:14,3,3 >50
6 MA Smoothed:Weighted close (HLCC/4) whyte
4 EMA: to the close.

it's just that much of it is paid by employers in place of higher salaries. Medical care is about 16% of the economy, so it should be weighted closer to 16% to reflect indirect payments -- and medical inflation has been running at 5 - 10% for years.

Two or three bars (in succession) must all be clear of the moving average
The moving average must slope in the direction of the trade
Typical price, Median price or Weighted close can also be used as substitutes for closing price.

Examples include moving averages, Bollinger Bands, Bull / Bear Ratio, Candlestick charts, relative strength index, best indicators of Dow Theory and Elliott Wave theory, Fibonacci levels, MACD, TRIX, Weighted Close, ...

See also: Close, Chart, Indicator, Average, Trading