Median Price Formula (Chart Controls)

  • Article

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

Sample plot of the median price indicator

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