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johnl  
#1 Posted : Friday, December 16, 2005 2:41:35 PM(UTC)
johnl

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Here is what I think is an answer to seeing weird stuff when plotting charts and then signals not working. For instance: The indicator: Cross(WillR(14),Mov(CLOSE, 30,E)) will give 0 because willr(14) is always neg and mov is always positive. but when plotted separately one over the other in a chart you get some neat crossovers, this is because when plotted separately each indicator is "normalized" to fit it's high and low into the chart. You can verify this by plotting the two charts separately, right clicking one and selecting "SCALING" "merge with LH scale" and then switch to "overlay w/o scale", watch how the chart changes. This is an important first step to understand before creating functions by combining other functions. In order to get the signals from a function like Cross(WillR(14),Mov(CLOSE, 30,E)) you need to first "normalize" both so they have the same scale before comparing, otherwise.. apples and oranges. So what to do...gotta compare apples to apples... Equis or Jose can give you a "normalization" function (I am pretty sure they already have it) that you can first apply to the two indicators before comparing with something like a cross function.
Jose  
#2 Posted : Saturday, December 17, 2005 3:15:53 AM(UTC)
Jose

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First there was the Terminator, then along came the Governator... Now we have the Normalizator - normalizes price/indicator to 0~100% boundary oscillator; normalizes two unrelated plots to same scale. :) jose '-)
wabbit  
#3 Posted : Saturday, December 17, 2005 4:07:24 AM(UTC)
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johnl, might I recommend you do a search of this forum for normalisation OR normalization. It has been asked many times before, and answered. wabbit :D
johnl  
#4 Posted : Saturday, December 17, 2005 9:17:31 PM(UTC)
johnl

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Isn't this the answer to this thread?? http://forum.equis.com/viewtopic.php?t=2987
wabbit  
#5 Posted : Saturday, December 17, 2005 10:52:30 PM(UTC)
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StorkBite  
#6 Posted : Saturday, December 17, 2005 11:46:32 PM(UTC)
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Thanks for your patience, Wabbit. This really is a useful and frequently requested topic. I'm adding it to the next FAQ revision.
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