Skip to content
All library documents

Time Averaged Price Indicator and Its Configurable Price Inputs

Article MQL5 code base

Summary

This short indicator description presents Time Averaged Price as a line calculated from prices over a selected period. It identifies two settings: the calculation period and the applied price. Examples are shown for close, high, low, median, and weighted price inputs, illustrating how the selected input changes the plotted line.

The document offers a basic description and visual examples, but the underlying formula is not legible in the provided text. It does not explain trading signals, parameter selection, evaluation, or performance, so it provides no evidence that the indicator predicts price movements or improves a strategy. It is best understood as a configurable price-derived technical indicator rather than a complete trading method.

Key ideas

  • Time Averaged Price plots a line derived from price values over a chosen period.\nThe indicator has configurable period and applied-price settings.\nSupported examples include close, high, low, median, and weighted prices.\nThe supplied text does not show a readable formula or establish the indicator’s predictive value.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.