divide 2 indicator values

October 28th, 2013, 09:42 AM

Hello!

Is there anyone who can help with a strategy that should

divide 2 indicator values of 2 different minute periods and go long or short whether the value is below or above zero!?

like this:

if indicator 1 (1MIN) / indicator 2 (5MIN) < 0
go long

and

if indicator 1 (1MIN) / indicator 2 (5MIN) > 0
go short

THANK YOU in advance for any suggestions!

Bernhard

October 30th, 2013, 06:48 PM

oagento

Hello!

Is there anyone who can help with a strategy that should

divide 2 indicator values of 2 different minute periods and go long or short whether the value is below or above zero!?

like this:

if indicator 1 (1MIN) / indicator 2 (5MIN) < 0
go long

and

if indicator 1 (1MIN) / indicator 2 (5MIN) > 0
go short

THANK YOU in advance for any suggestions!

Bernhard

The actual quotient doesn't matter, if one number is negative then the quotient will be negative (< 0). Otherwise, it will always be > 0

Back to the actual question, let's say the indicators are a MACD. Assuming the primary data series is a 5min chart

Code

// class-level variables
private MACD macd2;   // MACD on the 5-min
private MACD macd1;   // MACD on the 1-min

Then in OnInitialize()

Code

Add("SOMESYMBOL", PeriodType.Minute, 1);

macd2 = MACD(Closes[0], 12,9,26);   
macd1 = MACD(Closes[1], 12,9,26);

Then in OnBarUpdate()

Code

if (macd1[0] / macd2[0] < 0)
   EnterLong();
else if (macd1[0] / macd2[0] > 0)
   EnterShort();

Something like that (I didn't test this in Ninjatrader).

divide 2 indicator values

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divide 2 indicator values