Prices
This section documents the price ($coin.*) functions.
close
The closing price of each candle period.
Syntax:
$BTC.close
$BTC.close[1] // Previous closeExamples:
// Current closing price
$BTC.close
// Price comparison
$BTC.close > $BTC.close[1]
// Percentage change
($BTC.close - $BTC.close[1]) / $BTC.close[1] * 100
// Use in indicators
ta.sma($BTC.close, 20)Use Cases:
Most common price reference for technical analysis
Default source for most indicators (RSI, SMA, EMA, etc.)
Trend analysis and price comparisons
open
The opening price of each candle period.
Syntax:
Examples:
Use Cases:
Candlestick pattern analysis
Gap detection
Intraday momentum analysis
high
The highest price reached during each candle period.
Syntax:
Examples:
Use Cases:
Candlestick pattern recognition
Volatility calculations
low
The lowest price reached during each candle period.
Syntax:
Examples:
Use Cases:
Breakdown detection with precise levels
Risk management (stop loss placement below key support)
volume
The trading volume during each candle period.
Syntax:
Examples:
Use Cases:
Volume analysis and confirmation
Volume-weighted indicators
Market participation assessment
hlc3
Typical Price - Average of high, low, and close prices.
Formula: (high + low + close) / 3
Syntax:
Examples:
Use Cases:
More balanced price representation than close alone
Reduces noise in price analysis
Alternative data source for indicators
Central tendency analysis
hl2
Median Price - Average of high and low prices.
Formula: (high + low) / 2
Syntax:
Examples:
Use Cases:
Support/resistance level calculations
Noise reduction in volatile markets
Alternative price source for smoother indicators
hlcc4
Weighted Close Price - Average of high, low, and two closes.
Formula: (high + low + close + close) / 4
Syntax:
Examples:
Use Cases:
Emphasizes closing price importance
Smoother price series than close alone
Trend analysis with close bias
Reduced whipsaw in indicators
ohlc4
True Average Price - Average of open, high, low, and close.
Formula: (open + high + low + close) / 4
Syntax:
Examples:
Use Cases:
Most balanced price representation
Smooth trend analysis
Volatility-adjusted calculations
Comprehensive price averaging
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