Normalized ‣ MetaTrader Trading Robots

Spread Normalized – indicator MetaTrader 4

Spread Normalized - indicator for MetaTrader 4

Author: Vangabestia This indicator use in cross ( es. EURAUD, GBPAUD, EURGBP, ect) depends of correlation of currency. Usually I use with timaframe Daily. But I think can to use in another timeframe. Important can use in commodity and stocks. Now I use it no EA ..I must to do it, Usually I use it

Normalized Volume – indicator MetaTrader 5

The real author: Vadim Shumilov Normalized Volume is an indicator whose main purpose is to filter false signals which occur in the side movement of the market. The basis of the strong side of the Normalized Volume indicator is a work with the volume and price, and a theory that occurrence of strong trend movements

Normalized Velocity – indicator MetaTrader 5

Normalized Velocity - indicator for MetaTrader 5

This is a normalized velocity. By default it is using a gradient coloring. To turn the gradient coloring off, set the color steps to to less than 2. To set it show the colors on slope change, set the color steps to 2 and all the above is going to be drawn in different shades

Normalized MACD – indicator MetaTrader 5

Normalized MACD - indicator for MetaTrader 5

As useful as MACD is, it probably lacks one thing: bounds. MACD is an un-bound indicator and a lot of times we can not estimate if some kind of a minimum or a maximum is reached to decide if a trend is strong, weak or is starting to get exhausted. This version is an attempt

Velocity – normalized – indicator MetaTrader 5

Velocity - normalized - indicator for MetaTrader 5

Velocity (which is often called a “smoother momentum” since it is much smoother than momentum without lagging at all) with an addition of 3 types of normalization: ATR normalization standard deviation without sample correction standard deviation with sample correction and no normalization (in order to have “clean” version too) Also, since velocity is (even when

Normalized MACD – indicator MetaTrader 5

This indicator is almost same as the “normal” MACD, except that its 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 timeframes (since

Normalized Price Indicator – indicator MetaTrader 4

By using this indicator you can see the normalized price of any chart! You can use this indicator to find the divergence in the market, or you can put the Normalized price of several currency pairs as you can see in the 3rd figure on one window as well (AUDUSD Blue, GBPUSD Red, GBPAUD Yellow)

Log Sigmoidal Normalized T3 – indicator MetaTrader 5

Log Sigmoidal Normalized T3 - indicator for MetaTrader 5

One of the usual “games” of a trader is to try to determine when an extreme is reached for some filter or average. This is one of the possible ways to assess that. In this indicator T3 is sigmoidal (Softmax) normalized – made as oscillator that ranges in 0 to 1 range, and if you

Log Sigmoidal Normalized Jurik MA – indicator MetaTrader 5

Log Sigmoidal Normalized Jurik MA - indicator for MetaTrader 5

In this indicator Jurik MA is sigmoidal (Softmax) normalized – made as oscillator that ranges in 0 to 1 range, and if you use hyperbolic normalization it will range from -1 to +1 range. That way it can help in assessing if the extreme (up or down) is reached. Log Sigmoidal Normalized Jurik MA –

Normalized RSI – indicator MetaTrader 5

Normalized RSI - indicator for MetaTrader 5

Some indicators are working equal for all calculation lengths some are not. One example that is not is RSI. Even though it is taken for granted that it oscillates in 0-100 range (so it is normalized already) and regardless of it’s obvious usefulness, every serious study stresses not to use lengths > 10 for RSI.