hlcc4 - PineScript Variable

hlcc4

Overview

hlcc4 is shorthand for (high + low + close + close) / 4. It weights the close twice while still accounting for the bar’s range, creating a smoother series than the raw close.

Type

float

Qualifier

series

Remarks

• Useful when you want to dampen intrabar spikes without losing the influence of the close.
• Because the close appears twice, the value tracks closing moves more closely than hl2 or hlc3.
• Like other derived prices, it updates intrabar when extremes shift and finalises after the bar closes.

Example

//@version=5
indicator("HLCC4 smoothing", overlay=false)

plot(close, "Close", color=color.blue)
plot(hlcc4, "HLCC4", color=color.orange)
plot(ta.sma(hlcc4, 14), "HLCC4 SMA", color=color.green)

See Also

• hl2
• hlc3
• ohlc4
• close