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NormAvg

Article/Author: "Normalization", Brian R. Bell, S&C Magazine, Traders Tips, 10/2000

Download: normalize.ela

File Includes:
Function - NormAvg
Function - NormATR
Function - NormStdDev
Indicator - Osc Normalization

Category: Function > NormAvg

Description:

Inputs:

EasyLanguage Code:
INPUTS: OSCVALUE(NUMERIC), NORMPRICE(NUMERIC), NORMLENGTH(NUMERIC);

VARIABLE: AVGVALUE(0);

AVGVALUE = AVERAGE(NORMPRICE, NORMLENGTH);

IF AVGVALUE <> 0 THEN
NORMAVG = OSCVALUE / AVGVALUE
ELSE
NORMAVG = 0;