Rossini
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I would like to compile a list of indicators for MT4 or other charting programs that are bounded. By this I mean they can be set to have a fixed minimum and maximum value and rarely if ever show a value above or below this figure.
The reason for this is I want to fine tune an indicator that I am currently using and I would like other similar indicators to compare to.
So for instance a stochastic qualifies because it can not rise above 100, but an MACD could in theory, have an infinite value so this would not qualify.
My list so far comprises of;
Stochastic
RSI
CCI
RVI
Momentum
Money flow index
Can anyone add to this list, its not exactly exhaustive..... ;-)
The reason for this is I want to fine tune an indicator that I am currently using and I would like other similar indicators to compare to.
So for instance a stochastic qualifies because it can not rise above 100, but an MACD could in theory, have an infinite value so this would not qualify.
My list so far comprises of;
Stochastic
RSI
CCI
RVI
Momentum
Money flow index
Can anyone add to this list, its not exactly exhaustive..... ;-)
