This function is available on the Add Study window and in the Formula Toolbox.
Calculates the average for values taken at the same time of day (typically BarIX).
Example: TimAvg(@,@,10)
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Parameter |
Description |
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Display |
Opens a sub-window with display properties: •Color = Select a line color. •Weight = Type a value for line thickness. •Display = Select line style: line, histogram, or dash. •ShareScale = Assign a behavior for functions and studies sharing the vertical scale: •Auto = System determine whether sharing is feasible. •On = Scale is shared regardless of the functions and studies displayed. •Off = Scale is not shared. |
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MarkIt |
Opens the Specify Conditions for Marking Bar window. |
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Price |
Price used for calculation. |
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Checkup |
Choices include: Close, Open, High Low, Mid, HLC3, Average, TrueHigh, TrueLow,Range, TrueRange, TickVol, Vol, CurrentOpen, CurrentHigh, CurrentLow, Last, CurrentVol, CurrentTickVol, BestBid, BestBidVol, BestAsk, BestAskVol. |
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Period |
The time period for the moving average calculations. |
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Extra Steps |
A look back maximum period that the formula attempts to compute. If you were to create, for example, a 1001 period variable, but the steps only went back 1000 the calculation wouldn’t work. |