How Do I Use the thinkorswim Normalize Function to Compare Indicators Effectively?

The thinkorswim normalize function is a lifesaver for comparing indicators, but it’s not gonna make RSI and MACD suddenly agree on everything.

I’d say use it to clean up your chart and make comparisons easier, but don’t forget to check the original values for signals.

For scripts, the thinkorswim community is a goldmine.

Normalizing indicators with the thinkorswim normalize function is a great way to compare them, but it’s not a substitute for understanding what each indicator does.

For RSI and MACD, I’d normalize them and then look for patterns or divergences. It’s not perfect, but it can help.

And no, it doesn’t mess with the original values. It’s just a scaling tool.

Check out the thinkorswim forums for more ideas.