avgprice

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AVGPRICE

Type: avgprice • Category: indicators

Description

Average Price

Parameters

Name	Type	Description	Required	Default
open	string	List of opening prices	no
high	string	List of highest prices	no
low	string	List of lowest prices	no
close	string	List of closing prices	no

Help

AVGPRICE

Average Price Indicator for Financial Markets

Description

The AVGPRICE worker calculates the average price of a financial instrument based on its opening, highest, lowest, and closing prices. This indicator provides a comprehensive view of the instrument's price movements over a specified period.

What does this worker do?

The AVGPRICE worker takes in four lists of prices: open, high, low, and close. It then calculates the average price for each period, providing a single value that represents the overall price level.

How to interpret the results

The result of the AVGPRICE worker is a single value representing the average price. A higher average price indicates an overall increase in the instrument's price, while a lower average price indicates a decrease.

Parameters

The following parameters are required to calculate the average price:

Parameters Schema (JSON)

{
  "open": {
    "type": "string",
    "description": "List of opening prices"
  },
  "high": {
    "type": "string",
    "description": "List of highest prices"
  },
  "low": {
    "type": "string",
    "description": "List of lowest prices"
  },
  "close": {
    "type": "string",
    "description": "List of closing prices"
  }
}

Parameters List

• open:
  • Type: string
  • Description: List of opening prices
  • Format: Comma-separated values (e.g., "10.0, 11.0, 12.0")
• high:
  • Type: string
  • Description: List of highest prices
  • Format: Comma-separated values (e.g., "12.0, 13.0, 14.0")
• low:
  • Type: string
  • Description: List of lowest prices
  • Format: Comma-separated values (e.g., "8.0, 9.0, 10.0")
• close:
  • Type: string
  • Description: List of closing prices
  • Format: Comma-separated values (e.g., "11.0, 12.0, 13.0")

Example Use Case

To calculate the average price for an instrument with the following prices:

Period	Open	High	Low	Close
1	10.0	12.0	8.0	11.0
2	11.0	13.0	9.0	12.0
3	12.0	14.0	10.0	13.0

You would input the following parameters:

• open: "10.0, 11.0, 12.0"
• high: "12.0, 13.0, 14.0"
• low: "8.0, 9.0, 10.0"
• close: "11.0, 12.0, 13.0"

The AVGPRICE worker would then calculate and return the average price for the specified period.