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Ratio to apply to 2 indicators... Got one? ...I Need it.


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 mhamrin 
Fort Worth TX USA
 
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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.


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 rleplae 
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You can do this with a spread indicator


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  #3 (permalink)
 mhamrin 
Fort Worth TX USA
 
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rleplae View Post
You can do this with a spread indicator

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!


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rleplae's Avatar
 rleplae 
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mhamrin View Post
Do you know of an indicator where I can get a correlation between two indicators?

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


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  #5 (permalink)
 mhamrin 
Fort Worth TX USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 41 since Sep 2015
Thanks Given: 12
Thanks Received: 21


rleplae View Post
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

Do you think it could be this one?: Index

https://nexusfi.com/download/ninjatrader-7/indicators/889-download.html?view


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