Visual Basic (Declaration)  

Public Overloads Shared Function Percentile50( _ ByVal elementName As String, _ ByVal s As Series, _ ByVal elementValue As ElementValue _ ) As Element 
Visual Basic (Usage)  Copy Code 


C#  

public static Element Percentile50( string elementName, Series s, ElementValue elementValue ) 
Parameters
 elementName
 The name of the element which will be displayed on the chart, i.e. its label.
 s
 A financial series.
 elementValue
 Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.
Recall that the percentile is the value such that at least
interest
percent of the data set items
are less than or equal to this value, or equivalently if at least (100interest)
percent of the items are greater than or equal to this value.
Remarks:
 The
50
th percentile is the measure of centrality of a data set known as the median. The median can also be evaluated using Median.  The
25
th,50
th,75
th percentiles are often referred to as the1
st,2
nd (median) and3
rd quartile respectively. The term quartile refers to the fact that these three values will roughly divide the data set considered into four equal parts.