FTB-C000295 / Statistical method

Rolling Median Body Length

Rolling Median Body Length is the median of eligible real-body lengths in a declared trailing window.

Also known asmedian candle body

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)
LaTeX: M_t=\operatorname{median}_{i\in W_t}(B_i)
SymbolMeaningUnit
B_ieligible real-body lengthprice
Wdeclared trailing windowbars

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

Where this concept is used

Evidence and governance

  1. 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.