http://www.forexstrategyblog.com/midpoint-calculation/
I recently posted an article on my blog testing the difference between using the closing price and the median price for an EMA cross over strategy. The results were actually pretty different, the median price moving seemed, for this test, to predict large market movements better than closing price alone. I am curious if any other traders have any experience with using the median price or if everyone just uses the closing price.
I recently posted an article on my blog testing the difference between using the closing price and the median price for an EMA cross over strategy. The results were actually pretty different, the median price moving seemed, for this test, to predict large market movements better than closing price alone. I am curious if any other traders have any experience with using the median price or if everyone just uses the closing price.