Feature Proposal: Add Capital-Weighted Price (FO) as Default Indicator Source
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Modern trading platforms store total traded value and total quantity for each time interval.
I propose the Capital-Weighted Price (FO):
FO = Total Transaction Value / Total Quantity
Request:
Display FO alongside OHLC values in candlestick panels.
Allow FO as default input for all technical indicators (RSI, MA, Bollinger Bands, etc.).
Keep Close price as an optional, selectable source.
Why:
Close only shows the last trade; FO reflects capital concentration.
Enhances analytical clarity without changing existing standards.
Implementation is calculation-layer based using existing data.
This is not a replacement of traditional references but a practical upgrade for modern digital trading systems.
Thank you for reviewing this proposal.
— Fadıl Olcay