Median MA is a moving average, which is calculated using the median price for a given period.
A sorted array of prices for the specified period is used for calculating the moving average. A value from the array of prices with the following index is used:
- (N-1)/2 – for an odd N;
- ([N/2] + [N/2 + 1])/2 – for an even N.
The indicator has two input parameters:
- Period – calculation period;
- Applied price – price used for calculations.
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