This indicator calculates 3 Moving Averages for default values of 13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2). The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security's price with the security's price itself (or between several moving averages).
EXPERIMENTAL: Request for GLAZ Functions to handle Mean, Median, Mode Calculation.
This indicator shows the percentage amount the price is above or below the moving median value of the period. This indicator is best used along with the moving median (set to the same period). Based on the moving median developed with 4x4good
This simple script was a collaborative effort with 4X4good. It plots a moving median for the period using the 50th percentile value. We wanted to know the median value of VIX but surprisingly, a median indicator wasn't yet available in the indicators library. So we did a little research & put this together.
Original (Simple Horizontal Value and Offsets/SHV) Requested by @TAFA94 Description: Simple adjustable incremented horizontal offset lines extending up and down from a Median point. Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment. Source and look-back period inputs for fine tuning auto...
EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p (JeanLouisHardy) added option for bar count system, also added a donchian average.
update: changes to code, ma's now split over 3 sets fast, medium and slow, removed cloud and sl_lines(no use?), ma's visually display as shapes :p added option to toggle the ma's on/off.
EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p