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Market Intelligence › Basic Terminologies
Indicator at which price should be calculated: close, open, hl2 (average of high-low), ohlc4.
Published by The Retail Trader · JUL 31, 2026 · Indicators
Source — Indicator at which price to calculate: close, open, hl2 (average of high-low), ohlc4.
This term comes under Indicators, in the "SETTINGS and TRAPS" section. The indicator is not wrong, its use is wrong. Here are the words that describe our mistake:
Other terms in this group — understanding them together is more useful:
• Default Settings
• Optimisation
• Curve Fitting / Over-Optimisation
• Look-Ahead Bias
• Offset
• Multi-Timeframe Indicator
• Indicator Alert
• Signal Lag
• Indicator Stacking
• Clean Chart
To read the entire group and all its examples in one place, see the journal "INDICATORS: FORMULA TOOLS" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.