I am trying to find the similarity between two time series, but not in terms of distance, in something more sensible such as percentage of similarity. In other words I need something that shows the similarity, not dis-similarity.
The dynamic time warping gives a very good response, when trying to compare the time-series. But the distance computed by dynamic time warping depends on the duration of the time series and the magnitude of the template and the query. Moreover, it shows the distance, which demonstrates the dis-similarity.
Is there a way to convert the distance from DTW into some form of normalized similarity measure?