Moving Median Pro

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Moving Median Pro

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.

Why does a median measure central tendency better than an average? Because an average is much more sensitive to outliers, which are extreme values often observed at spike bars. Being more immune to outliers, a moving median tends to be a smoother and more stable plot.

ninZa.co is one of the only vendors that provides an accurate and professional moving median indicator. No trading platforms offer a built-in moving median indicator, except Interactive Brokers.

Key features:
  • Plot moving median with configurable period
  • Allow smoothing Input with
  • Allow applying a plot change filter
  • Paint background to show 2 phases: uptrend, downtrend
  • Colorize bars based on 2 phases: uptrend, downtrend
  • Colorize plot based on 2 phases: uptrend, downtrend
  • Print markers on trend shift
  • Trigger alerts on trend shift
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_Trend: 1 = uptrend, -1 = downtrend

Software Changelog

  • 25 Nov 2022 - The indicator was released (built new).

Best Seller

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Moving Median Pro
-30%
Regular Price $196 Special Price $137

Confident shopping

license(s)

tooltip-discount-rules

Quantity Discount

  • 1 license:
  • 2 licenses:
  • 3 licenses:
  • 4 licenses:
  • 5 licenses:
  • 6-9 licenses:
  • 10-14 licenses:
  • 15-19 licenses:
  • 20-24 licenses:
  • 25-29 licenses:
  • 30- licenses:
  • 0% off
  • 20% off
  • 25% off
  • 30% off
  • 35% off
  • 40% off
  • 50% off
  • 55% off
  • 60% off
  • 65% off
  • 70% off

Upon purchasing this product, you will earn up to in your ZR Wallet

Resellable with Master Resell Rights new tab

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  1. product_image Moving Median Pro $$
    5 5

    A Big Thank You From A Lifetime Customer

    I would like to thank ninZa.co for their great products and a big thank you to Robin who has given the best customer support for every product I have purchased from them! She has been amazing with her customer service and is a big reason I will be a lifetime customer. 5 Stars for the company and the support from Robin.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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