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 … Read more

Normalized MACD – indicator MetaTrader 5

Normalized MACD - indicator for 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 … Read more