Description

Weighted Close study is the sum of high, low and double close divided by four.


Formula

wcArray[] = (high+low+close*2)/4


Interpretation

Weighted Close is a representation of the average trading range with the emphasis on the closing price.

inteliCharts - Weighted Close
inteliCharts Predictive Analytics - Calculating Most Probable Future Stock Prices
  • Neural network architecture
  • Quantitative processing
  • Long term forecasting
  • Intraday probability channels