I’m a manual trader exploring indicators, and my coding capabilities are limited. I’m trying to use Hull Moving Average on an indicator window, but the line returns the instrument’s price, which varies considerably. I would like to find a way to standardize the scale (let’s say, from -1 to 1, from 0 to 1, or from 0 to 100) so I can mark levels on the scale (for example, -0.5 and 0.5; 0.3 and 0.7; or 30 and 70). My trading platform is MetaTrader 5.
Does anyone have any suggestions as to how I should proceed?