Midpoint Over Period (MOP)

Overview

The Midpoint Over Period (MOP) indicator provides a fundamental measure of market equilibrium by calculating the precise center between periodic price extremes. Using the simple yet powerful formula (Highest Point + Lowest Point) / 2, MOP creates a smooth line that represents the average of market extremes, effectively filtering out noise while maintaining responsiveness to significant price movements. This centerline approach offers traders a clear visual reference for market balance, acting as a dynamic pivot that adapts to changing market conditions without the lag associated with traditional moving averages.

What distinguishes MOP from other trend indicators is its focus on absolute price extremes rather than closing prices or volume-weighted calculations. This methodology captures the full scope of market volatility while distilling it into a single actionable line. During trending markets, MOP serves as a reliable gauge of trend strength - price consistently above MOP confirms bullish momentum, while sustained trading below indicates bearish pressure. The indicator's versatility shines in its ability to function across all timeframes, from intraday scalping where it identifies session midpoints, to long-term investing where it reveals major market equilibrium levels.

Interpretation & Trading Signals

Example Usage

Code examples will be available once the Rust implementation is complete.