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<p id="isPasted">To perform averaging weighted by volume, you need to calculate the typical price for each period (e.g., each candle on a chart), multiply that price by the corresponding volume, and then divide the sum of these products by the total volume. This method is often used to calculate the Volume Weighted Average Price (VWAP), a common trading indicator. </p><p>1. Calculate Typical Price:</p><p>For each period (e.g., each candlestick on a chart), calculate the typical price (TP) by averaging the high, low, and closing prices: TP = (High + Low + Close) / 3.</p><p>2. Multiply by Volume:</p><p>Multiply the typical …</p>
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