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