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Mediana

FREE

Published: 7 April 2020

Current version: 1.3

Mediana

Indicators
Arkadii Zagorulko
Version: 1.3
Updated: 31 May 2023

The Median Cross Indicator is a powerful tool for Forex and other financial markets. Unlike traditional moving averages, it plots two median lines and generates arrows and alerts when they cross, helping traders spot potential trend changes and entry points faster and more reliably.

The median price represents the middle value of the price range, making it less sensitive to spikes, outliers, or short-term market noise than a moving average. This makes the indicator especially useful during volatile periods or when prices fluctuate within a range. Compared to MA, which can be skewed by extreme highs or lows, the median provides smoother signals and a clearer picture of the true trend.

Traders can use this indicator for both trend-following and range trading, identify key support and resistance levels, and filter out false signals. The combination of two median lines, arrows, and alerts gives an immediate visual cue and helps make timely decisions without constantly watching the chart. It’s an ideal companion to other indicators, enhancing overall trading strategy and confidence.

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vineHI64 2021.10.25 15:15 #

excelente

2102

colt45 2021.07.16 20:21 #

very good indicator

154

epicamj 2020.04.13 23:50 #

I have tested it and I shall say that when combined with a trend indicator gives a very decent entry point. Thanks to the author for sharing this.

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The panel allows you to place and open orders with one click of a button. It is possible to quickly change the parameters of the lot, take profit, stop loss and expiration time. The expiration parameter is valid only for pending orders. The trading panel works in the tester. To open a pending order, click on the buy or sell stop button, and then on a place on the chart. (This function cannot work in the strategy tester for technical reasons) Expiration time is in minutes, everything else is

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7451

Frank Paetsch 2023.05.24 17:51 #

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vineHI64 2021.10.25 15:15 #

excelente

2102

colt45 2021.07.16 20:21 #

very good indicator

154

epicamj 2020.04.13 23:50 #

I have tested it and I shall say that when combined with a trend indicator gives a very decent entry point. Thanks to the author for sharing this.