The Elite Circle - XavNPDDOv3 (Normalized Price and Delta Divergence Oscillator)

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XavNPDDOv3 (Normalized Price and Delta Divergence Oscillator)

This indicator normalizes price-delta and delta using a moving average and standard deviations. These normalized outputs are plotted on the same indicator panel, as well as the difference between the two. Please read this post for more details:

XavNPDDO Discussion (Normalized Price and Delta Divergence Oscillator)

This is the finalized version of XavNPDDO(Normalized Price and Delta Divergence Oscillator) that I will be posting in the Elite Downloads section.

Introduction: First off I would like to thank gomi for his work that made this possible. I had been studying …

Enjoy

***This indicator utilizes the GOM Framework***

Edit:
7/29/2012 - Changed logic for normalization to make it statistically accurate

Category The Elite Circle

Details: XavNPDDOv3 (Normalized Price and Delta Divergence Oscillator)
Category: The Elite Circle

July 29th, 2012
Size: 26.52 KB