Weighted Close
Moving averagesOverlays priceA per-bar average price that counts the close twice.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
High, low, close and close again, divided by four. Close in spirit to the typical price but tilted towards where the bar finished.
Where it misleads
Also a per-bar value — it earns its meaning as an input to other indicators.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Rolling VWAPA volume-weighted average price over a rolling window of recent days.
- SMAThe plain average of the last N closing prices, drawn as a line.
- EMAAn average that weighs recent days more heavily than old ones.
- WMAAn average where the newest day counts most and the weight steps down evenly.
- Smoothed MA (SMMA)A very smooth average that carries old values along for a long time.
- Hull MA (HMA)A fast average built to cut the lag out of ordinary averages.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.