Public Overloads Shared Function MedianMovingAverage( _
   ByVal seriesName As String, _
   ByVal highSeries As Series, _
   ByVal highSeriesElementValue As ElementValue, _
   ByVal lowSeries As Series, _
   ByVal lowSeriesElementValue As ElementValue, _
   ByVal lengthOfMA As Integer _
) As Series

Visual Basic (Usage)	Copy Code
Dim seriesName As String Dim highSeries As Series Dim highSeriesElementValue As ElementValue Dim lowSeries As Series Dim lowSeriesElementValue As ElementValue Dim lengthOfMA As Integer Dim value As Series   value = FinancialEngine.MedianMovingAverage(seriesName, highSeries, highSeriesElementValue, lowSeries, lowSeriesElementValue, lengthOfMA)

public static Series MedianMovingAverage( 
   string seriesName,
   Series highSeries,
   ElementValue highSeriesElementValue,
   Series lowSeries,
   ElementValue lowSeriesElementValue,
   int lengthOfMA
)

Parameters

seriesName

The name of the series which will be displayed on the chart, i.e. its label.

highSeries

An array where the first element corresponds to the highest market price during the last trading period, the second element corresponds to the highest market price in the previous period, and so on.

highSeriesElementValue

Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.

lowSeries

An array where the first element corresponds to the lowest market price during the last trading period, the second term corresponds to the lowest market price in the previous period, and so on.

lowSeriesElementValue

Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.

lengthOfMA

The number of periods considered within the evaluation of the moving average of each of the days on which it can be evaluated.

Return Value

Remark: This indicator is particularly appropriate for traded assets where the opening and closing prices are unreliable. Such an instance are FTSE stocks which in the first hour of trading experience relatively low volumes and the closing prices are settled through an auction process. Hence for the FTSE market the quoted market price at the beginning and end of the market may not be indicative of where a given stock is trading within a given period. In such markets it may be more appropriate to use the Median Moving Average which will smooth out the effect of uncharacteristic shifts at the ends of the trading day.

Reference