Definitions
In plain terms
Ichimoku uses this midpoint at several window lengths instead of averaging every close in the window.
Technical
The calculation freezes high and low fields, window, current-bar inclusion, readiness, missing data, and price basis.
Scope
It is not the same as the mean of all prices or closing observations.
Formula
High-low midpoint = (highest high + lowest low) / 2Mid_t=\frac{HH_t+LL_t}{2}| Symbol | Meaning | Unit |
|---|---|---|
HH_t | selected rolling highest high | price |
LL_t | selected rolling lowest low | price |
Output unit: price
Examples
- A governed lesson calculates or identifies High-Low Midpoint only after its parameters, state, timing, and edge cases are declared.
Common misconceptions
- It is not the same as the mean of all prices or closing observations.
Concept relationships
Where this concept is used
Evidence and governance
- Ichimoku Cloud TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Default periods and plotting offsets are conventions; calculation origin must remain separate from display coordinate.
- Reviewed by
- fintech-builder-batch-007
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.