Moving Averages Calculated from Median Price

Summary

This indicator replaces the usual price input with median price and lets the user choose among four moving-average methods: simple, exponential, smoothed, or linear weighted. The central idea is to apply familiar averaging schemes to a median-price series rather than to a conventional price series.

The document does not specify how median price is calculated in this indicator, provide formulas or parameter guidance, or compare its output with averages based on other price inputs. It presents no chart, backtest, or evidence that this substitution improves signals. Readers can take away the available input and smoothing choices, but the text is a short feature description rather than a tested trading method.

Key ideas

• The indicator computes a moving average using median price as its input.
• Users can select simple, exponential, smoothed, or linear weighted averaging.
• The text provides no performance comparison or trading rules.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.