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Indicators

Log Sigmoidal Normalized T3 - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português

Views:
745
Rating:
votes: 15
Published:
2018.06.19 16:12
Updated:
2018.09.26 09:55

One of the usual "games" of a trader is to try to determine when an extreme is reached for some filter or average.

This is one of the possible ways to assess that. In this indicator T3 is sigmoidal (Softmax) normalized - made as oscillator that ranges in 0 to 1 range, and if you use hyperbolic normalization it will range from -1 to +1 range.

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