fxcodebase-backup
Normalization
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=23559
Forum: 17 · Topic 23559 · 7 post(s)
Normalization
Apprentice · Tue Sep 18, 2012 3:19 pm
Having trouble comparing two values of Price Action or indicator value. Values may be the same, but Market conditions have changed, Normalization is one of the tools that can help you in comparison. This indicator provides three methods of normalization, “Standard Deviation,” “ATR” and “Historical Range.” Tickle version do not have ATR filter. In his article “Normalization”, Brian Bell introduces few methods for normalizing market Data. As indicator source we use smoothed price.
Re: Normalization
Apprentice · Fri Mar 15, 2013 7:12 am
These versions allow it to normalize unsmoothed data. Historic algorithm, It is only available
Re: Normalization
Apprentice · Fri Mar 15, 2013 7:54 am
This version allows you to use other time frames, currency pairs. The proposed method of use. Add several currency pairs on same chart. This will show you in which phase is chosen currency compared to other currencies.
Re: Normalization
Apprentice · Fri Mar 15, 2013 8:51 am
This version allows you to compare, price action for the various instruments on Price Chart.
Re: Normalization
Apprentice · Mon Jun 20, 2016 8:57 am
Minor Update.
Re: Normalization
Apprentice · Sun Feb 05, 2017 4:32 am
Indicator was revised and updated.
Re: Normalization
Apprentice · Mon Feb 05, 2018 9:36 am
The Indicator was revised and updated.