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Ratio to apply to 2 indicators... Got one? ...I Need it.
I wanted to apply a simple ratio indicator to cumulative delta volume and cum delta tick data. Does anyone know of a ratio indicator that can be applied to 2 indicators (that are similar) like this?
I've searched high and low...to no avail. I think I had this on tradestation...when I used TS.
Can you help answer these questions from other members on NexusFi?
I tried using the atgPairsCorrelation but that only lets you select a primary instrument and second instrument. The nice thing about this indicator it it lets you assign a weight for each. I like that idea! Do you know of an indicator where I can get a correlation between two indicators?
For now I am only wanting to compare cumulative delta Volume on the ES with the cum delta Tick on the ES. So I want to see ratio between the same indicator on two different settings. These two setting are only subtly different. That why I want to pick up the difference with a ratio.
I would think this may exist. Something that lets you select x panel with y panel and show ratio. Thanks for you input!
there was something with spread, what i have is a modified version i tweaked myself, which is not relevant
but tried to find the original one, must be there somewhere... on the elite section
it did exactly what you want to do
i tweaked it to do something slightly different
"Index" is a multi-purpose multi-instrument indicator. It can be use to plot a 2 (or more) instrument spread, a total portfolio value, a 2 (or more) instrument pair or basket trade price, a multi-instrument index of your own creation, or even to calculate …
