I have an indicator which when I place it on an ES chart, produces a crossover of a red and blue line in a kind of curving pattern. The scale is justified to the left and generally runs from -1 up to +8. You can see it in panel 1 of the attached image (ES with Indicator). In the third panel of the image is the same indicator, but used only once this time, and with a longer period, and again it curves up and down.
When I put this indicator on a currency futures chart – GBP/USD (6B) – see image attached, it results in flat lines or thin towers (in panels 1 & 3), which really give no information. It seems it may be because the scale justification on the left has jumped from -1 to 8 on the ES to as high as 75000M on the currency futures chart. Is there a standard way of adjusting this type of indicator which works on an ES chart so that it works on a currency futures chart?
Thank you.
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