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Your chart is normalized between the lowest low and the highest high of
whatever # bars in chart you have. Your indicators are plotted on the chart
similarly between their highest highs and lowest lows. For each indicator
give these points the value 100 and 0, and you get comparable values which
do cross.
Example:
New Indicator= (Your Indicator - LL)*100/(HH-LL)
Good luck.
----- Original Message -----
From: "Ian Waugh" <ianwaugh@xxxxxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>
Sent: Monday, June 03, 2002 5:13 PM
Subject: Normalising ranges
> Can someone help me with this please...?
>
> I have two oscillators with different ranges. They aren't bound between
> fixed ranges (such as between -100 and +100) but vary according to the
> data. Neither actually has an upper or lower limit although they do have
> their own "average" range.
>
> When they are plotted on the same chart their crossover points are
> interesting. I'd like to code this into a system test but can't because
> although they cross visually on the chart, their values are different
> (er, make sense?).
>
> So I figure I need something like a normalisation function to make both
> their ranges the same. Can some maths-type person help, please...?
>
> Thanks.
>
> Ian
>
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