Feature scaler | Pine Utilities series, ready to be used in "study-on-study" fashion |
Includes min-max, normalization, standardization and unit length scaling.
One and only source: en.wikipedia.org
Endpoint inputs allow to set an interval of interest for min-max scaler.
Can be (and should be) applied to other studies, or to the chart itself. In this example,...
TL;DR
This script doesn't provide any buy/sell signals.
This script won't make you profitable implicitly.
This script is intended for utility function testing, library testing, custom assertions.
It is free and open-source.
Introduction
About the idea: is not exclusive, programmers tend to use this method a lot and for a long time.
The point is to...