FTB-C000383 / Formula component

High-Low Midpoint

High-Low Midpoint is one half of the sum of a selected highest high and lowest low.

Also known asrange midpoint

Foundation Formula defined 2 linked topicsPublished

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) / 2
LaTeX: Mid_t=\frac{HH_t+LL_t}{2}
SymbolMeaningUnit
HH_tselected rolling highest highprice
LL_tselected rolling lowest lowprice

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

Prerequisites

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D07-F02-A06 Prerequisite
  • D07-F02-A08 Prerequisite

Evidence and governance

  1. 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
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.