- Katılım
- 23 Eki 2020
- Mesajlar
- 1,828
In his article "Normalization" in this issue, Brian Bell introduces some methods for normalizing indicators. These methods can be easily recreated in MetaStock 6.52 or higher. Select Indicator Builder from the Tools Menu, click New, and enter the formula for the desired method: |
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Simple Moving Average Oscillator OscP(4,8,S,$) |
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Simple Moving Average Oscillator norm to Std Dev OscP(4,8,S,$)/Stdev(C,8) |
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Simple Moving Average Oscillator norm to Ave True Range OscP(4,8,S,$)/ATR(8) |
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Simple Moving Average Oscillator norm to Historical Range OscP(4,8,S,$)/WillR(200) |
Note: To apply these methods to different indicators, replace the simple moving average oscillator portion with the desired indicator's formula. -- Cheryl C. Abram, Equis International, Inc. | |
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