Median Price (High-Low Midpoint) (MEDPRICE)

MEDPRICE calculates the midpoint between High and Low for each bar: (High + Low) / 2. This simple price transform represents the center of the bar's trading range, ignoring open and close. MEDPRICE is also called the median price or midpoint price. It provides a pure range-based reference that shows where the bar's center of gravity lies regardless of directional bias. No parameters - just the arithmetic mean of high and low. This is the simplest and oldest price averaging method.

Cryptocurrency traders use MEDPRICE as baseline data for indicators and moving averages when they want to focus on the bar's range rather than closing values. MEDPRICE eliminates directional bias from open/close and emphasizes the midpoint where most trading occurred. It's particularly valuable for range-based indicators, pivot point calculations, and mean-reversion strategies. Common as input to moving averages (e.g., EMA of MEDPRICE) for smoother, range-based trend identification. MEDPRICE is used by traders focusing on support/resistance levels and range traders who prioritize bar center over closing direction.