Average Price (Typical Price) – FX Replay User Guide
The Average (Typical) Price helps you assess short-term trend direction and intrabar price behavior. On FX Replay, it’s a dynamic reference point for spotting trends, reversals, and trade setups.
Calculation
Typical Price = (High + Low + Close) ÷ 3
Computed once per candle — updates with each bar on replay.
How to Use It on FX Replay
Trend Direction
Price consistently above the Typical Price → Bullish bias
Price consistently below → Bearish bias
Support / Resistance Role
Acts as an intrabar pivot zone — price often reacts to it.
Especially useful when price pulls back to the line in a trending market.
Crossover Signals
Price crossing above the line can signal a potential long entry.
Price crossing below may suggest a short opportunity.
Actionable Trade Uses
- Trend Confirmation: Validate directional bias before entering; filter out false breakouts by checking whether price respects or rejects the level.
- Entry / Exit Planning: Use the Typical Price as a baseline for stops or profit targets; ideal re-entry zone during pullbacks in trends.
- Pair With Other Tools: Combine with moving averages, RSI, or ADX to strengthen signal quality. Look for alignment between Typical Price and your core trend indicators.
