NexusFi: Find Your Edge


Home Menu

 





calculating correlation between two assets


Discussion in NinjaTrader

Updated
    1. trending_up 2,323 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 DaFonseca 
rio de janeiro, rj/brazil
 
Experience: Advanced
Platform: ninja trader, dukascopy
Trading: futures
Posts: 9 since Aug 2012
Thanks Given: 0
Thanks Received: 0

Is there and tool on NT to calculate the correlation between two assets? i.e. ZB ##-## against NQ ##-##.
or even on Interactive brokers?


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NYSE Owner ICE Invests in Crypto Exchange OKX at $25 Bil …
Cryptocurrency
Orban at 29pct as Hungary Votes Tomorrow -- McIlroy Surg …
Prediction Markets & Event Contracts
April 2026 Jobs Report: +115k vs +65k Expected
Traders Hideout
Saylors 41-Month HODL Breaks: Strategy Sells 32 BTC as $ …
Prediction Markets & Event Contracts
Iran Peace Expired NO: Ceasefire on Life Support, OPEC a …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
24 thanks
2026 Jlab journal
10 thanks
Lady Vols Primer: Trading Volatility Journal
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Trying to learn Volume and price action correlation
5 thanks
  #2 (permalink)
 Aufidius 
Seattle,WA
 
Experience: Advanced
Platform: NinjaTrader , Multicharts and my own system
Trading: Futures
Posts: 294 since Feb 2015
Thanks Given: 19
Thanks Received: 459


DaFonseca View Post
Is there and tool on NT to calculate the correlation between two assets? i.e. ZB ##-## against NQ ##-##.
or even on Interactive brokers?

I'm not sure it is possible with NT7.

I personally do this using python and normally data from Quandl or IQFeed.
You can also write an indicator/strategy that exports historical data from NT to a CSV and using other tools measure correlation..


Reply With Quote
  #3 (permalink)
 DaFonseca 
rio de janeiro, rj/brazil
 
Experience: Advanced
Platform: ninja trader, dukascopy
Trading: futures
Posts: 9 since Aug 2012
Thanks Given: 0
Thanks Received: 0


In this case, I could also use excel..

But, another point here,
As a NT subscriber (and IQfeed) can I use IQFEED data out of NT?
How do you do that? directly from its website (using login and password)?


Started this thread Reply With Quote
  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,557

There are several correlation indicators in the download section of nexusfi.com (formerly BMT) for NT.

Click downloads.
Click search below that.
Type correlation.

https://nexusfi.com/local_links_search.php?action=show&literal=1&search=correlation&desc=1&keys=1

Mike




We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on X Visit my NexusFi Trade Journal Reply With Quote




Last Updated on August 3, 2015


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts