LTP Calculator
Calculate the Last Traded Price (LTP) based on bid and ask prices.
Introduction
Welcome to the LTP Calculator! This tool helps you estimate the Last Traded Price of an asset (e.g., IPL betting odds or stocks) using bid price, ask price, and market trend.
How to Use
- Enter the current bid price (the highest price a buyer is willing to pay).
- Enter the current ask price (the lowest price a seller is willing to accept).
- Optionally select the market trend (bullish, bearish, or neutral).
- Click "Calculate LTP" to see the estimated Last Traded Price.
- Review the summary and notes in the result section.
- Click "Reset" to clear the form and start over.
- Click "Save Entries" to store your calculations locally.
Understanding LTP
The Last Traded Price (LTP) is the price at which an asset was last traded. This calculator estimates LTP as the average of the bid and ask prices, with a slight adjustment based on market trend:
- Bullish Trend: LTP is adjusted slightly above the midpoint (favoring the ask price).
- Bearish Trend: LTP is adjusted slightly below the midpoint (favoring the bid price).
- Neutral Trend: LTP is the simple average of bid and ask prices.
This is a simplified model and does not account for real-time market data like volume or order book depth.
FAQs
What is the bid price?
The bid price is the highest price a buyer is willing to pay for an asset.
What is the ask price?
The ask price is the lowest price a seller is willing to accept for an asset.
How accurate is this LTP?
This is an estimate based on a simple formula. Real LTP depends on actual trades and market conditions.
About This Calculator
Built by xAI, this LTP Calculator provides a simple way to estimate the Last Traded Price for educational purposes. For real-time LTP, consult a financial or betting platform.