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

roshareid 

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:

Correlation trading multiple instruments MXASJ has also posted and done a lot of work in this on nexusfi.com (formerly BMT): Search - Big Mike's Day Trading Forum ( Mike

Mike

Have you checked this indicator:

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

trendisyourfriend 

Have you checked this indicator: Description Plots the Correlation coefficient of two instruments (NT7 only) Links and Downloads Manager - NinjaTrader 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