Market / MetaTrader 4 / Indicators /

Mediana

30 USD

Demo downloaded: 8

Published: 7 April 2020

Current version: 1.3

Mediana

Indicators
Arkadii Zagorulko
Version: 1.3
Updated: 31 May 2023
Activations: 5

The median indicator is a type of technical analysis tool commonly used in forex trading. It is based on calculating the median price of a currency pair over a specific period of time. The median price is the middle value between the high and low prices.

Compared to the widely used moving average (MA) indicator, the median indicator offers a unique perspective on the market. Here are some advantages of using the median indicator:

Robustness to outliers: The median is less affected by extreme price movements or outliers compared to the MA. Since it focuses on the middle value, it provides a more stable representation of the price range.
Smoother price representation: The median indicator can smooth out price fluctuations, reducing the impact of short-term market noise. This can help traders identify the underlying trend more easily.
Reflects price distribution: By using the median, traders gain insight into the distribution of prices within a given period. It provides information about the concentration of prices around the middle value, which can be valuable for understanding market sentiment.
Supports range-based strategies: The median indicator is particularly useful for range-bound markets, where prices fluctuate between support and resistance levels. It helps traders identify the central point of the range, which can be used as a reference for potential buy and sell levels.
Complementary to other indicators: The median indicator can be used in conjunction with other technical analysis tools to confirm signals or filter out false signals. For example, combining the median indicator with a moving average can provide a comprehensive view of the market by incorporating both the central tendency and the overall trend.

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Identify ranges | Get earliest signals of Trends | Get clear exits before reversal | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units $69 for launch - then back to >> $149 After purchase, please contact me on this channel for recommended and personalised settings MT5 version: Click here Get our full method with BladeSCALPER and PowerZONES What is it about? TrendDECOD

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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH, Breaker Blocks , Momentum Shift, Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH, Fair Value Gap, FVG, Premium & Discount Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, L

65 USD

MA intersection indicator. At a selected period, the indicator finds the best of the periods MAs on profit with considering the ratio of losses and profits. (Auto-optimizing MA) Entering a long position is the cross of fast MA from the bottom to up through long MA. For a short position - vice versa. The best of the periods is displayed. MAs are also drawn. In the settings, it is possible to select the period of bars / candles for find better solution. Also, the time period of the upda

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The RSI (Relative Strength Index) scanner is a powerful technical analysis tool designed to help traders and investors identify potential trading opportunities in the forex, stocks, and cryptocurrency markets. RSI is a popular momentum oscillator that measures the speed and change of price movements and helps determine overbought or oversold conditions in an asset. The scanner takes advantage of this indicator to streamline the process of finding trading signals and opportunities. The RSI value

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The EA logic is based on opening a trade in the direction of the trend after some consolidation. The EA also opens additional orders in the event of an imaginary trend change, in the hope that the price will return to the previous direction and the orders will be closed sooner. If the trend has changed, the robot closes unprofitable orders with the help of open other orders following the trend. (part hedging) Default parameters for EURUSD M15 (5 digits). Many Expert Advisors show remarkable r

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A trend indicator based on the breakout of levels. Only one setting allows very fast adaptation on a specific symbol. This indicator is non-repainting indicator and only for desktop MT4 platform. Mobile PUSH. Desktop Alert. Email Alert. Shows arrows for entry at closed bar. Works on any MT4 symbol and any time frame. It can serve as an addition to your trading system.

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This powerful tool is designed to help traders identify key reversal patterns in their charts, including the hammer and star bar formations. With this indicator, you can quickly and easily spot these patterns as they form, allowing you to make well-informed trades and potentially increase your profits. The Hammer Start indicator is customizable, allowing you to set your own parameters for identifying patterns and alerts. Whether you're a seasoned trader or just starting out, the Hammer and Star

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Version 1.3 2023.05.31

Added limit of bars to calculations
Added possibility to turn off second line

Version 1.2 2021.07.16

Added alert and arrows when crossing the lines (only if the fast median rises or falls)

Version 1.1 2020.10.06

Added second mediana line