Median Price Study

By Samantha Baltodano

TL;DR:

The Median Price study is the midpoint of each day's price, or the “average price”.

What Is Median Price Study?

The Median Price indicator is simply the midpoint of each day's price. The Typical Price and Weighted Close are similar indicators.

The Median Price indicator provides a simple, single-line chart of the day's "average price." This average price is useful when you want a simpler view of prices.

The Median Price indicator is calculated by adding the high and low price and dividing by two.

• (High + Low) / 2

Median Price is just one of many studies that Archaide automates. For a full list of strategies and studies available click here.

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