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Normalized MACD
This indicator is almost same as the "normal" macd, except that it's values are normalized and are, roughly falling into a predictable range of values (unlike the regular nacd, that does not have that predictability of expected ranges). That makes it usable for direct value-to -value comparison over different instruments and / or time frames (since the values are comparable now)
Even though the values are "very similar" to the original macd, the values can differ significantly - see the example : lower is the "regular" macd, and, as it is obvious, it is quite different in some periods of elevated volatility from the normalized version (not just regarding values, but the slope as well as the signal values).
It should be used using the same rules as regular macd, but some experimenting is advised
Dear Mladen,can we have it in Mq4.
Thank you.
Dear Mladen,can we have it in Mq4.
Thank you.
Hi Mladen,
Could have this indicator to mt5?
tks
mladen, the breakout panca eagle could be done to mt5? or it's difficult ?
" or it's difficult ?"
your imaginations,assumptions are limited than to his expertise in coding matters :)
only matters time.
" or it's difficult ?"
your imaginations,assumptions are limited than to his expertise in coding matters :)
only matters time.
Hi.
Sure , I know his knowledge... difficult means , his interest , free time, etc..
Upgraded composite rsi (some possible issues in mtf mode solved)
Mladen could I please request for Chaos Visual Averages 1.4 for MT5?
BB stops - but applied to stochastic