On Balance Volume with Stochastic Normalization & Signal Lineboytoy wrote: Fri Mar 15, 2024 12:24 pm That's a neat feature by the coder. So those Alternative options possibly use other timeframe readings of the OBV to maybe smooth the noise a bit do you think?
If Normalization is applied would that mean the OBV and it's Alternative options would gain levels of some sort? Like an oscillator that has boundaries overbought/oversold indicators such as RSI and Stochastic?
Kinda experimenting using Stochastic normalization with the obv Alternative options, might be usable. Added a signal line with signal line cross alerts to test. The chart picture using alternative 1.
