# Weighted Close

`D07-F08-A03` · Technical Indicators → Price Transforms · archetype `series-transform` · difficulty 2/5 · verification **verified**

Full page: https://docs.thefintechbuilder.com/technical-indicators/price-transforms/weighted-close/
Agent skill: `npx skills add IslamBaraka90/Fintech-Algorithms-Library` — https://docs.thefintechbuilder.com/guides/agent-skill/

## Install and import

```bash
npm install fintech-algorithms
```

```ts
import { weightedClose } from "fintech-algorithms/technical-indicators/price-transforms/weighted-close";
```

## Signature

```ts
weightedClose(input)
```

Averages high, low and a double-weighted close so the settlement price dominates the bar.

## Parameters

| Name | Type | Required | Notes |
| --- | --- | --- | --- |
| `input` | `TopicInput` | yes | `bars` needs `timestamp`, `high`, `low` and `close`. This topic reads no keys from `parameters`, though `parameters` must still be an object when supplied. |

## Returns

`TopicResult`

`series` holds a single `value`, `(high + low + 2 * close) / 4` for every bar, and `latest` its last element. Every bar produces a value, so there is no warm-up.

## Warm-up

The first `none` positions are `not applicable`. `ready_at` is 0. The close carries half the weight, the extremes a quarter each.

## Errors

- When a bar's `high`, `low` or `close` is not a finite number — throws Error
- When a `high` is below the bar's `open`, `low` or `close` — throws Error
- When bars do not share one adjustment `basis` — throws Error

## Complexity

Time `O(n)`, space `O(n)`.

## Worked example

Captured by running this function on the input its own test provides. Real output of real code — but not asserted against a published figure.

### Input

`input`:

```json
{
  "bars": [
    {
      "timestamp": "2024-01-02",
      "basis": "synthetic-unadjusted",
      "open": 100,
      "high": 101.45,
      "low": 98.695,
      "close": 100,
      "volume": 750000,
      "benchmark": 200
    },
    {
      "timestamp": "2024-01-03",
      "basis": "synthetic-unadjusted",
      "open": 101.49111452,
      "high": 103.38381693,
      "low": 100.05480022,
      "close": 101.78791214,
      "volume": 795117,
      "benchmark": 200.56326135
    },
    {
      "timestamp": "2024-01-04",
      "basis": "synthetic-unadjusted",
      "open": 102.45519048,
      "high": 104.6701838,
      "low": 100.91147007,
      "close": 102.9549389,
      "volume": 840234,
      "benchmark": 201.11020913
    }
  ],
  "parameters": {}
}
```

### Call

```ts
weightedClose(input)
```

### Returns

object with 9 fields: topic_id, title, state, ready, ready_at, series, latest, parameters, …

```json
{
  "topic_id": "D07-F08-A03",
  "title": "Weighted Close",
  "state": "calculated",
  "ready": true,
  "ready_at": 0,
  "series": {
    "value": [
      100.03625,
      101.75361035750001,
      102.8728829175,
      103.14077006,
      102.77185682000001,
      102.27277061000001
    ]
  },
  "latest": {
    "value": 100.1199943175
  },
  "parameters": {},
  "diagnostics": {
    "causal": true,
    "input_count": 96
  }
}
```

## Verification and provenance

Tier: **verified** (via E).

The worked example below is the figure published in this algorithm's article, replayed and asserted by the test suite on every build. The arithmetic cannot drift without the build failing.

Both tiers guarantee the signature. Full explanation: https://docs.thefintechbuilder.com/guides/verification/

Generated from the docs.json payload shipped inside fintech-algorithms@0.13.0.
The signature and parameter list are checked against the compiled implementation at build time,
so a description that contradicts the code fails the build rather than reaching this file.

## Links

- Article (how it works, step by step): https://thefintechbuilder.com/technical-indicators/price-transforms/weighted-close/
- Implementation source: https://github.com/IslamBaraka90/Fintech-Algorithms-Library/blob/main/src/technical-indicators/price-transforms/weighted-close/impl.ts
- Package on npm: https://www.npmjs.com/package/fintech-algorithms
- Domain index for agents: https://docs.thefintechbuilder.com/technical-indicators/llms.txt
