highrise wrote:This is interesting and thanks for the indicator.
highrise wrote:But the indicator has lot of noise and this can be smoothed by using MA instead of close price and that way, it looks better.
highrise wrote:1. How did you derive this formula? I think the result would be better if you include AUDUSD.
highrise wrote:2. The indicator values are progressive (by itself and differes between time period also) so it is kind of difficult to judge the high or low. Any thoughts on how it can be set to operate between fixed values?
Any thoughts on how it can be set to operate between fixed values?
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