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Dependent Indicator / Chart
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Created: by Mehul Attachments:0

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Dependent Indicator / Chart

  #1 (permalink)
Trading Apprentice
London, united kingdom
 
Futures Experience: Intermediate
Platform: Stellar
Favorite Futures: Spread trading / pairs trading
 
Posts: 27 since Nov 2011
Thanks: 2 given, 3 received

Dependent Indicator / Chart

Hi

I am considering using Ninja but wanted to know a bit more about what was possible.

One of several questions i have is is it possible to have a chart, thats signal / indicator is dependent upon another chart?

Ie

If i have 2 charts - OIL & GOLD (same time frame)

on both charts i have an indicator (+1 or -1)

Is it possible to program, that if the conditions are met for the indicator to show a sell for OIL, it will only show it as a sell, if GOLD is also a sell and vice versa ?

Thanks in advance

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  #2 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

Yes

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The following user says Thank You to vegasfoster for this post:
 
  #3 (permalink)
Trading Apprentice
London, united kingdom
 
Futures Experience: Intermediate
Platform: Stellar
Favorite Futures: Spread trading / pairs trading
 
Posts: 27 since Nov 2011
Thanks: 2 given, 3 received

dependent inficator / chart


Hi

Thanks for the reply

IS this something that is relatively easy to do, any examples, docs or threads on it?

would both indicators have to be the same?

would it be possible to bactest such a thing within ninja?


thx
Mehul

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  #4 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

Not that hard, just add a secondary data series to the indicator. This explains how to do it, NinjaTrader Version 7, but if you post it then someone will probably do it for free.

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  #5 (permalink)
Trading Apprentice
London, united kingdom
 
Futures Experience: Intermediate
Platform: Stellar
Favorite Futures: Spread trading / pairs trading
 
Posts: 27 since Nov 2011
Thanks: 2 given, 3 received

Thank you, just didn't know what the function was called, will read the manual to see if it can be done

Thanks again

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