Midprice Indicator Explained

The Midprice indicator averages the highest high and lowest low over the window — exactly the middle line of a Donchian Channel. It represents the center of everywhere price has actually been, wicks included.

How It Works

• (Highest high + lowest low) / 2 over N bars.
• Wicks count, so it reflects the full traded range, not just closes.
• Like Midpoint, it steps rather than glides — quiet bars don't move it.

How to Trade It

Midprice is the classic 'which half of the range are we in?' line: above it, breakout longs have the wind at their back; below it, they're fighting the range. Turtle-style systems also use it as a neutral exit level between the Donchian extremes.

Building It in Setup.Cash

Add Midprice in the strategy builder — the length input controls its sensitivity — and use its value in any entry, exit, or filter condition. You can also combine it with other tools in the Indicators Lab or via the AI indicator generator. See Donchian Channels for the full channel logic. For the full category overview, see the advanced trend library guide.

Trend tools reward patience: pick one, pair it with a volatility or regime filter, and backtest before trading it live.