OPEN-SOURCE SCRIPT
[RESEARCH] Custom Median vs Built-in Median
I compared custom median (using the sorting solution by apozdnyakov) with built-in median (using percentile_nearest_rank function)
If you see the zero line this means the solutions give the same results.
The best results was achieved on the odd lengths.
Conclusions:
1) Do not try to reinvent the wheel.
2) Always check the Pine Script docs to find already implemented solutions.
If you see the zero line this means the solutions give the same results.
The best results was achieved on the odd lengths.
Conclusions:
1) Do not try to reinvent the wheel.
2) Always check the Pine Script docs to find already implemented solutions.
Freelance -> Telegram: @alex_everget
A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.