Milton, GA
Experience: Intermediate
Platform: Investor/RT, MarketDelta
Broker: DTN IQFeed
Trading: ES
Posts: 165 since Apr 2010
Thanks Given: 2
Thanks Received: 144
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Here is a pdf that explains the indicator and it's calculations.
Here is the part that describes how it's calculated.
I see in the literature, they recommend a sigma of 6 (but that is adjustable by the user)...and I know that size is the period of the moving average (also adjustable by the user). How is NORM calculated? How about offset? I suppose offset is also a variable that the user adjusts, but I see no recommended default and have no idea how NORM is computed.
Chad
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