2026-03-11 05:57:10 +00:00
|
|
|
// Licensed under the Apache License, Version 2.0
|
|
|
|
|
// © mihakralj
|
2026-02-23 17:27:35 -08:00
|
|
|
// MIDPRICE: Midpoint Price over Period
|
|
|
|
|
// (Highest(High, N) + Lowest(Low, N)) / 2
|
|
|
|
|
// TA-Lib compatible — center of the H/L price channel
|
|
|
|
|
|
|
|
|
|
//@version=6
|
|
|
|
|
indicator("MIDPRICE: Midpoint Price over Period", overlay=true)
|
|
|
|
|
|
|
|
|
|
int p = input.int(14, "Period", minval=1)
|
|
|
|
|
|
|
|
|
|
midprice(int period) =>
|
|
|
|
|
float hi = ta.highest(high, period)
|
|
|
|
|
float lo = ta.lowest(low, period)
|
|
|
|
|
(hi + lo) * 0.5
|
|
|
|
|
|
|
|
|
|
result = midprice(p)
|
|
|
|
|
|
|
|
|
|
plot(result, "MidPrice", color.new(color.purple, 0), 2)
|
