Normalizing an indicator

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Normalizing an indicator

Postby rjay » Mon May 04, 2015 2:51 pm

I have ny own RoC/momentum indicator which uses price (today and xx bars ago) plus StDev. I want to normalize the output (bound it between 0 & 100, -100 & +100, or whatever's easiest ) so that I can more easily use it across different asset classes. Is there an easy way of doing this in StrataSearch ?
rjay
 
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Re: Normalizing an indicator

Postby Overload » Mon May 04, 2015 6:57 pm

If you want to bound it between 2 numbers like -100 and 100, that can be done pretty easily using a combination of the higher() and lower() formulas:

val = -105;
val = higher(-100, lower(100, val));

Pete
Overload
 
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