Median Filtering is an important technique !
The median filter is a non-linear digital filtering technique, often used to remove noise from an image or signal. Such noise reduction is a typical pre-processing step to improve the results of later processing (for example, edge detection on an image). Median filtering is very widely used in digital image processing because, under certain conditions, it preserves edges while removing noise (but see the discussion below), also having applications in signal processing.
Have taken two T-Medians
#1 of Length 13
#2 of Length 55
The Indicator plots the Relationship projection of Medians with the Closing Price as an Area Chart
Provision for Alerts
> Green T-Median Alert
> Red T-Median Alert
On Scripts Section of myProfile
I Wake Trade Eat Sleep Daily!
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 a publication is governed by House Rules. You can favorite it to use it on a chart.