Normalized Moving Average Offset

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Normalized Moving Average Offset

Postby Apprentice » Wed Aug 21, 2019 8:48 am

EURUSD D1 (08-21-2019 1407).png

The dashboard will compare the current moving average slope (in pips)
on different time frames as a measure of volatility.
The dashboard will normalize data to the user-specified time frame.
In the example.
The most volatile is the "m1" time frame
The least volatile is the "W1" time frame
Data is normalized to the "D1" time frame.

An "m1" reading of 195.4284 will suggest,
based on the current "m1" slope,
if the current "m1" slopes continue,
in the next 1440 minutes (one day),
MA will move for 195.4284 pips.

Normalized Moving Average Offset.lua
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Apprentice
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