FTB-C000433 / Formula component

Typical-Price Deviation

Typical-Price Deviation is current typical price minus the moving mean typical price for the same CCI window.

Also known asCCI numerator

Definitions

In plain terms

It retains the sign of current displacement above or below the recent center.

Technical

Both values must be aligned, ready, and computed from identical field and adjustment conventions.

Scope

It is an absolute price difference before mean-deviation scaling.

Formula

Typical-price deviation = TP - mean TP
LaTeX: D^{TP}_t=TP_t-\overline{TP}_t
SymbolMeaningUnit
TP_tcurrent typical priceprice
mean TPmoving mean typical priceprice

Output unit: price

Examples

  • A governed lesson calculates or identifies Typical-Price Deviation only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • It is an absolute price difference before mean-deviation scaling.

Concept relationships

Where this concept is used

Evidence and governance

  1. Commodity Channel Index TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition, formula

    Limits: The common 0.015 constant is a convention, and zero-deviation or mixed-adjustment inputs require explicit handling.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published