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Performance Indicator
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Performance Indicator

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Elite Member
Asia
 
Futures Experience: Beginner
Platform: NinjaTrader, TOS
 
Posts: 798 since Jun 2009
Thanks: 109 given, 786 received

Performance Indicator

This is one I'm guessing someone must have already coded, so I thought I'd ask first...

I need to code a performance indicator, something you apply to a time series with n days look back to show performance of the timeseries as a percentage relative to itself.

My specific application is for Market Analyzer, where I'd set up the columns for, say, 14, 21, and 50 days performance to quickly eyeball outperformance or underperformance in sectors, countries, whatever.

Has it been done and posted already?

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  #3 (permalink)
Elite Member
Asia
 
Futures Experience: Beginner
Platform: NinjaTrader, TOS
 
Posts: 798 since Jun 2009
Thanks: 109 given, 786 received


Well, not exactly rocket science but using the ROC indicator seems to do the trick... then one can sort by period ROC, volume, etc etc.

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