The Median Price function calculates the midpoint between the high and low prices for the day. Sometimes also referred to as the mean or average price.

As with other price adjustment functions, the median price provides a simplified view of the trading prices for the day. It can be used to smooth out some of the volatility of the closing price since it includes information for the entire trading day rather than specifically the end of the day.

The median price can be used anywhere a closing price or other single price field would be used.