I’ve been using the thinkorswim normalize function for a while, and it’s super helpful for comparing indicators. But like others said, it’s not a cure-all.
For RSI and MACD, I’d normalize them and then look for crossovers or divergences. It’s not perfect, but it can give you some interesting insights.
And no, it doesn’t mess with the original values. It’s just a visual aid.
Check out the thinkorswim learning center for more tips.
For RSI and MACD, I’d normalize them and then look for crossovers or divergences. It’s not perfect, but it can give you some interesting insights.
And no, it doesn’t mess with the original values. It’s just a visual aid.
Check out the thinkorswim learning center for more tips.