Definitions
In plain terms
It supplies a robust contextual body scale that is less affected by isolated extreme bodies than a mean.
Technical
The implementation freezes lookback, current-bar exclusion, minimum periods, even-count median convention, missing values, and ordering.
Scope
The median is a package choice, not the only valid candle baseline.
Formula
Median body = median(B_i over window W)M_t=\operatorname{median}_{i\in W_t}(B_i)| Symbol | Meaning | Unit |
|---|---|---|
B_i | eligible real-body length | price |
W | declared trailing window | bars |
Output unit: price
Examples
- A governed lesson uses Rolling Median Body Length only with declared inputs, timing, parameters, and edge-case behavior.
Common misconceptions
- The median is a package choice, not the only valid candle baseline.
Concept relationships
Prerequisites
Where this concept is used
Evidence and governance
- Measures of Location: Mean and Median NIST/SEMATECH · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: The source does not prescribe a financial candle-classification window or threshold factor.
- Reviewed by
- fintech-builder-batch-006
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.