Run Median Indicator

Run Median Indicator

The Run Median indicator is an optimized moving average that detects trend reversals. Download for free! Try now!

The Run Median indicator for MT4 is an optimized moving average line with one of the best price smoothing features for trend analysis. This technical indicator detects potential price reversal points with better precision than the regular simple moving average.

Essentially, it is a trend-following indicator that identifies short trend reversal moves in the market, which makes it suitable for scalpers. In addition, the indicator’s trend analysis is reliable and beginner-friendly. So, any forex trader can use it without much hassle, regardless of their experience in the market.

Furthermore, the indicator also identifies trading opportunities for day/intraday forex traders when applied to higher time frames. Finally, it does not lag, unlike the simple moving average that lags behind the price.

How to Trade with the Run Median Indicator

The above image shows the Run Median indicator for MT4 on the EUR/USD chart.

The indicator follows the price closely to determine whether a trend is bullish or bearish and detects zones where the trend may reverse. Thus, it suggests an instrument is bullish when the price closes above it, while a bearish trend is when the price closes below it.

However, it is not advisable to make a trading decision immediately after the price closes above or below the Run Median indicator due to irregular market moves. Therefore, before opening a buy or sell position, wait for the price to retrace to the indicator’s line with a sign of rejection.

For instance, in a bullish trend (price closes above the indicator), wait for the price to bounce off the indicator to the upside before placing a buy/long trade.

Conclusion
The Run Median indicator for MT4 is one of the most optimized moving averages that follows the market trend and detects both major and minor trend reversal zones. What’s more, it is free to download.