Charts

Charts

Median Price (MP)

The Median Price (MP) indicatior shows the median price for a range of prices by averaging the high and low values of the analyzed interval.

Configuration Options

  • Period: Number of bars to use in the calculations.
  • Overlay: Whether to display the curve on top of the graph or in a separate bottom section.
  • Color Selectors: Colors to use for graph elements.
  • Display Axis Label: Whether to display the most recent value on the Y axis.

Formula

\[MP = \frac{High + Low}{2} \]