California
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 20 since Aug 2010
Thanks Given: 8
Thanks Received: 10
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Hi,
I am looking for a relative performance indicator to compare performance of indices/sectors/equities/commodities... any market(s) that one may want to track, across different periodicities and time periods. Two usage scenarios come to mind straightaway:
1. Compare intraday performace for the S&P sectors, futures and select stocks. Plot graphs of each as % change from opening price
2. Compare sector and/or select equities performance for a set period - say quarter or year.
To my knowledge nothing like this exists on NT, at least I did not find anything. But this indicator/feature exists in a fully developed form on Investor RT
platform, please refer to the video at - TechSmith | Screencast.com, online video sharing, Charting Relative Performance
Another example can be found at : PerfChart - Charting Tools - StockCharts.com[COMM]
If anyone can point me to a Nt 6.5 or Nt7 indicator that does this, if it exists. If not, would appreciate if somebody could create this if you feel this is of value.
Thanks in advance
- soulartist
PS:
Here's my concrete concrete idea for intraday usage.
Overlay this indicator (% increase from open) on a TICK chart. At a glance this will give TICK confirmation/divergence for all instruments/markets one is tracking.
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