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Worden Discussion Forum » General Discussions » Stock and Market Talk » Mid point of candle BODY

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orchidman
Posted : Tuesday, October 7, 2014 6:45:21 AM
Registered User
Joined: 11/20/2006
Posts: 4

Trying to determine the mid point (MP) of a candle body.  Range (R) = (O - C).  Thus MP = R / 2 + C.  But if O > C, then to get around a <> #, one must use 'absolute' [ABS],  But 1/2 R must now be added to O, not C.

Excel can handle this by using "IF" statements.  Any way for Telechart to easily handle?
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Bruce_L
Posted : Tuesday, October 7, 2014 9:18:57 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The following form for the formula does not require using an absolute value.

(O + C) / 2

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