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238: The new indicator that improves momentum trading signals - Alex Spiroglou

Better System Trader

CHAPTER

Analyzing Trading Indicators with Normalization Techniques

The chapter delves into the normalization process for trading indicators, specifically focusing on adjusting parameters for moving average periods and average true range values to impact volatility and trading signals. It discusses enhancing MACD indicators with approaches like rate of change and Coppock curve, normalizing histograms for overbought/oversold levels, and using MACD as a regime filter for trend strategies. The chapter also explores quantifying divergences, utilizing a multi-time frame approach, and applying the Mac TV indicator for trading setups.

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