Median Price is a forex technical indicator used in technical analysis by many traders. The Median Price function measures the middle point between the daily low and high prices. It can also mentioned in connection with the average or mean price.

Median price, typical price and weighted close are indicators for reducing noise in a trading chart, and are widely used as filters of other moving average systems.

These indicators, when used alone, do not provide any significant results other than smoothing the graph, but they are key ingredients of many other powerful and popular trend indicators.

Median Price = (High + Low) / 2

The Median Price indicator is the midpoint of the difference between the day’s high and low. The Median Price indicator is just the middle point of every day’s price. The Typical Price and Weighted Close are the same indicators.

These indicators, when used alone, do not provide any significant results other than smoothing the graph, but they are key ingredients of many other powerful and popular trend indicators.