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Classic Chart Indicators and Studies Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below. When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name. Weighted CloseSummary. This study simply is a means of graphing a single-line price chart which places heavier emphasis on closing prices for each period. Following is the formula normally used for weighted close. Extra emphasis may be given to close by increasing the weight factor, normally 2. The divisor would have to be increased commensurately. (high+low+(close*2))/4  TOP
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