[Free] Moving Median 4U

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Description

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Overview

The most-used technical indicator must be the moving average. However, the trading world seems to have forgotten its brother which is mathematically a better measure of central tendency: moving median.

The concept of “moving” is the same. So, what is “median”? It is the one that stands exactly in the middle of a sorted series (if a series is unsorted, we have to sort it first). If a series has an even number of elements, its median is the average of the 2 middles. For example, the median of the series “3, 8, 12, 25, 31” is 12; the median of the series “3, 8, 12, 25” is (8 + 12)/2 = 10.

Please consider purchasing Moving Media Pro (the “Pro” version of this indicator) for valuable advanced features: input smoothing, plot change filter, bar colorizing, background painting, marker printing, alerts (popup, sound, email/SMS).

Key features:

  • Plot moving median with configurable period
  • Colorize plot to show 2 phases: uptrend vs downtrend
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals NT8 only

NinjaScript readiness:

  • Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
  • Can be used in Market Analyzer
  • Can be used in Strategy Builder
  • Can be used in BloodHound
  • Can be used in 3rd-party indicators, strategies, products
  • Professional & clean signature for easy calling

Dedicated NinjaScript signals:

  • Signal_Trend: 1 = uptrend, -1 = downtrend

Compatibility:

  • Instruments: futures, stocks, indices
  • Interval types: timebased or non-timebased, standard or custom
  • Chart styles: whatever

Usability:

  • Ready to use out of the box
  • Fully configurable & customizable with ease

Media

Moving Median 4U
Moving Median 4U
3 photos

Installation

Please read Installation Guide for details.

Download

Please hit the nice button below to go to a special page where you can download this freebie instantly. You will also have the download access to ALL of ninZa.co's freebies ($1000+ value).

If you have any questions, do not hesitate to contact us. Thank you!

Software Changelog

NinjaTrader 8 version:

  • 17 Aug 2021 – Massive changes, fixes and improvements were made (display name, Z order, bar painting); the logics of trend state, plot colorizing, bar painting were improved; all plot values were rounded to the nearest tick size.
  • 27 Sep 2018 – The indicator was re-exported to be compatible with recent changes of the platform; the toolbar menu was removed.
  • 28 Sep 2017 – The indicator was re-exported to be compatible with recent changes of the platform.
  • 02 Sep 2016 – Setting groups were reordered; the indicator was re-exported to be compatible with recent changes of the platform.
  • 02 Jul 2016 – Fractional price format was added (for ZB, ZF, ZN…).
  • 29 Mar 2016 – The indicator was released (converted from its NT7 version).

NinjaTrader 7 version:

  • 20 Nov 2022 – The indicator renamed from Moving Median to Moving Median 4U.
  • 02 Mar 2015 – The indicator was improved so that it can be used in Market Analyzer, Strategy Wizard and can be called by other indicators, strategies.
  • 10 Oct 2014 – Pro Colorizer was integrated.
  • 10 Sep 2014 – The indicator was released.

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