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 TPD^{TP}_t=TP_t-\overline{TP}_t| Symbol | Meaning | Unit |
|---|---|---|
TP_t | current typical price | price |
mean TP | moving mean typical price | price |
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
Prerequisites
Where this concept is used
Evidence and governance
- 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