Typical Price (TP) Indicator – FX Replay Guide

The Typical Price (TP) indicator in FX Replay provides a smoothed midpoint of each candle by averaging the high, low, and close. It’s a lightweight trend filter that can help you refine directional bias, identify potential reversal zones, or support moving average–based strategies during playback and backtesting.

How to Add It in FX Replay:

• Open your chart and click on the Indicators panel
• Search for “Typical Price” or TP
• Apply it, and consider overlaying with a SMA or VWAP for cross-filtering

How to Use TP in FX Replay:

Trend Bias:

• TP rising → Potential bullish environment → prioritize long setups
• TP falling → Potential bearish environment → prioritize shorts

Support/Resistance Interaction:

• Use TP as a dynamic price reference
  • In an uptrend: if price bounces off TP, treat it as support
  • In a downtrend: if price rejects from TP, treat it as resistance

Signal Filtering with Moving Averages:

• Buy Signal: TP crosses above a moving average (e.g., 20 SMA)
• Sell Signal: TP crosses below a moving average
• Use this crossover as an entry condition or filter in your backtest logic

Confluence Opportunities:

Combine TP with:

• Supertrend → for bias filtering
• RSI / MFI → for momentum confirmation
• SMMA or FVG zones → for entry precision

Pro Tip:

In FX Replay, use TP to validate trade direction before entering setups based on price action or session triggers. It’s especially helpful for simplifying messy charts while keeping trend context front and center.

Bonus Tip: Mark how price behaves around TP during London or NY open sessions to improve timing and trade quality.