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Parity Indicator


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Parity Indicator

  #1 (permalink)
 roshareid 
Melbourne, Australia
 
Experience: Advanced
Platform: Multiple
Trading: Index Futures, Forex
Posts: 7 since Mar 2010
Thanks Given: 17
Thanks Received: 3

Hello All,

I am looking for a parity indicator for NinjaTrader that will allow me to select 2 instruments to show parity along with the number of decimal points I want for parity. I want to see the parity shown on the screen as an indicator (line) as well as the parity number on the screen.

eg: Parity for the FTSE Futures Price compared with the S&P 500 E-Mini Price and the ability to see 5 decimal points.
If ES at 1220 and Z at 5860 then parity would be 4.80328 (5860/1220).

Thanks,
Rosha

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  #3 (permalink)
 
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 Big Mike 
Manta, Ecuador
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roshareid View Post
Hello All,

I am looking for a parity indicator for NinjaTrader that will allow me to select 2 instruments to show parity along with the number of decimal points I want for parity. I want to see the parity shown on the screen as an indicator (line) as well as the parity number on the screen.

eg: Parity for the FTSE Futures Price compared with the S&P 500 E-Mini Price and the ability to see 5 decimal points.
If ES at 1220 and Z at 5860 then parity would be 4.80328 (5860/1220).

Thanks,
Rosha

You might check the links I've posted here:



Mike

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  #4 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
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Have you checked this indicator:

Description
Plots the Correlation coefficient of two instruments (NT7 only)
Links and Downloads Manager - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum

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  #5 (permalink)
 roshareid 
Melbourne, Australia
 
Experience: Advanced
Platform: Multiple
Trading: Index Futures, Forex
Posts: 7 since Mar 2010
Thanks Given: 17
Thanks Received: 3


trendisyourfriend View Post
Have you checked this indicator:

Description
Plots the Correlation coefficient of two instruments (NT7 only)
Links and Downloads Manager - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum


A very big thanks to Mike and TrendIsYourFriend. Both references were very helpful.
Found the indicator I need at NinjaTrader indicator site:
NinjaTrader Support Forum

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Last Updated on November 8, 2010


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