Hey! I’ve been using the thinkorswim normalize function for a while now. It’s great for overlaying indicators, but you gotta be careful with how you interpret them. For example, RSI and MACD have different ranges naturally, so normalizing them can make it easier to spot divergences or confirmations.
One tip: don’t normalize everything. Sometimes it’s better to keep indicators in their original form if you’re using them for specific signals.
If you’re looking for a walkthrough, the thinkorswim YouTube channel has some solid tutorials.
One tip: don’t normalize everything. Sometimes it’s better to keep indicators in their original form if you’re using them for specific signals.
If you’re looking for a walkthrough, the thinkorswim YouTube channel has some solid tutorials.