Median Price Formula

  • Article

The median price formula calculates the average value of daily high and low prices.

Formula Details

Syntax

Chart.DataManipulator.FinancialFormula(
    FinancialFormula.MedianPrice,
    "High,Low",
    "MP")

Input Values

This formula takes two input Y values.

  • High
    Daily high price.
  • Low
    Daily low price.

Output Value

This formula outputs one Y value.

  • MP
    Median price indicator.

Remarks

The Line chart type is a convenient chart type to display the formula output.

Example

The following example takes input from Series1's Y values for high low, and close prices respectively (Series1:Y,Series1:Y2) and outputs the median price indicator on Series2 (Series2:Y).

Chart1.DataManipulator.FinancialFormula (FinancialFormula.MedianPrice, "Series1:Y,Series1:Y2", "Series2:Y")

Chart1.DataManipulator.FinancialFormula (FinancialFormula.MedianPrice, "Series1:Y,Series1:Y2", "Series2:Y");

See Also

Reference

Median Price Formula
Weighted Close Formula
System.Windows.Forms.DataVisualization.Charting
System.Web.UI.DataVisualization.Charting

Concepts

Applying Formulas

Other Resources

Price Indicators

Build Date:

2012-08-02