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Moving Median 4U

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Product Description

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 Median 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

Dedicated NinjaScript Signals

Signal_Trend: 1 = uptrend, -1 = downtrend

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These media materials may have been recorded/captured in favorable markets. Please review our “acceptable marketing practices”.

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Software Changelog

20 Nov 2022
- The indicator renamed from Moving Median to Moving Median 4U (NinjaTrader 7 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.

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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!

Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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