The interactive wavelet plot that was once available on the webpage of colorado (C. Torrence and G. P. Compo, 1998) does not exist anymore. Are there any other trusted sites to compare our plot? And, in what cases we normalize our data by the standard deviation to perform continuous wavelet transform (Morlet)? I have seen that it is not necessary all the time. Few researchers also transform the time series into a series of percentiles believing that the transformed series reacts 'more linearly' to the original signal. So, what actually should we do? I expect an explanation by mainly focusing on data-processing techniques (standardization or normalization or leaving as it is).
My dear Ashok Silwal
The link below is for a page similar to the topic you are looking for and I think this page might be useful to you:
https://www.rdocumentation.org/packages/dplR/versions/1.7.2/topics/wavelet.plot
Thank you Abbas Thajeel Alsahlanee and Aparna Sathya Murthy for addressing the question. It was of great help to me. I figured it out through the documentation of statistical methods in python.