Many of you use moving averages in your trading strategy, or some kind of indicator which is based on a moving average derived formula.But all moving averages are only a type of a

Because whatever type of MA you use: Simple,Exponential,Linear-weighted,Smoothed,or other, it is calculated on a base data which ,in MT4 atleast, can be:

**mean**of a**price series,**but have you ever wondered how accurate and reliable is your moving average ?Because whatever type of MA you use: Simple,Exponential,Linear-weighted,Smoothed,or other, it is calculated on a base data which ,in MT4 atleast, can be:

- Close
- Open
- Low
- High
- Median -> (High+Low)/2
- Typical -> (High+Low+Close)/3
- Weighted (H + L + C +C) /4
- Or other

All variations can be used for various types of strategies however the most basic is the **CLOSE **and the **MEDIAN**

And this is my dilemma, because the **CLOSE **looks only at the final price of a candle, while the **MEDIAN **calculates in the wicks too.One can say that the wicks are only noise, so the **CLOSE **must be the better one, but not always, sometimes the wicks can hint of the future direction, so it may be a mistake to use the **CLOSE**.It is a big dilemma nontheless...

So in the debate between **CLOSE PRICE vs MEDIAN PRICE** which one do you consider more important ?

Let us analyze this carefully, and debate this because this is an important question for all MA users our there, so please share your thoughts and opinions !

"There's a sucker born every minute" - P.T. Barnum