this could be a very childish stupid issue to ask here but I hope you can help me clear it one for all confusions. I try to see the see the median price in programming.
Is it double MEDIAN = iMA(NULL,1440,365,0,MODE_LWMA,PRICE_MEDIAN,0);
will it give you the yearly median price? (Year has 365 days )
or is it iMA(NULL,1440,1440,0,MODE_LWMA,PRICE_MEDIAN,0); to be used to get yearly median?
also Why when I use on a D1 TF chart and I draw using standard functions a moving average line similar these conditions,LWMA, 365 days, I always get a very different median price???? Where is the fault????
secondly we know market is fractal, but even though yearly median is a should be constant value of all TFs, when I run though each TF the early median is sometimes very close, sometimes very far above or below the current price??? Why is it? I expect if current price is below the median price in Weekly, then D1, then I should expect to see it in H4 in H1 or M15 too if not how I say it was fractal, if is not how can I trade with it?
Is it double MEDIAN = iMA(NULL,1440,365,0,MODE_LWMA,PRICE_MEDIAN,0);
will it give you the yearly median price? (Year has 365 days )
or is it iMA(NULL,1440,1440,0,MODE_LWMA,PRICE_MEDIAN,0); to be used to get yearly median?
also Why when I use on a D1 TF chart and I draw using standard functions a moving average line similar these conditions,LWMA, 365 days, I always get a very different median price???? Where is the fault????
secondly we know market is fractal, but even though yearly median is a should be constant value of all TFs, when I run though each TF the early median is sometimes very close, sometimes very far above or below the current price??? Why is it? I expect if current price is below the median price in Weekly, then D1, then I should expect to see it in H4 in H1 or M15 too if not how I say it was fractal, if is not how can I trade with it?