NexusFi: Find Your Edge


Home Menu

 





How to create a indicator of the percentage diff between two products.


Discussion in MultiCharts

Updated
    1. trending_up 897 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

How to create a indicator of the percentage diff between two products.

  #1 (permalink)
Yeung0510
Hong Kong
 
Posts: 1 since Sep 2018
Thanks Given: 0
Thanks Received: 0

How to create an indicator of the percentage Change difference between two products?

I like to use spread trading between HKEX.HSI And HKEX.HHI.
I used the Spread-Diff indicator to calculate the real spread between 2 products.
But i want the percentage Change format as well.
For example, the HKEX.HSI is increasing 1.5% and the HKEX.HHI. is increasing 1% only,
The spread of percentage change between two products is 0.5%,
I try to modify the original spread diff indicator to do it but failed.
How can i create an indicator to do it? Thanks!!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
PowerLanguage & EasyLanguage. How to get the platfor …
EasyLanguage Programming
Trade idea based off three indicators.
Traders Hideout
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
How to apply profiles
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Tao te Trade: way of the WLD
24 thanks
Just another trading journal: PA, Wyckoff & Trends
24 thanks
Bigger Wins or Fewer Losses?
21 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,433 since Apr 2013
Thanks Given: 481
Thanks Received: 1,627

Yeung0510,

what exactly did you try as modification of the original spread indicator?
The default indicator uses the raw price input, but you can freely customize the inputs and could provide a formula instead that computes the percentage change for each symbol.

Regards,

ABCTG

Follow me on Twitter Reply With Quote




Last Updated on September 17, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts