Hello

Could someone point me to where to get these indicators for Ninjatrader:

Crude Oil Crack Spread
Soybeans Meal Oil Crush spread.

I look forward to your response.
Cheers,
AH

Sent using the NexusFi mobile app

It’s not indicator but a spread. So you either can plot spreads in ninja or you can’t. It’s a complicated spread. I recommend just using barchart. In the search just type RBOB crack spread or crush and you will find them


RBOB CRACK SPREAD
https://www.barchart.com/futures/quotes/JRMZ23/interactive-chart



CRUSH SPREAD (Jan)
https://www.barchart.com/futures/quotes/CSF24/interactive-chart



Hope I helped

alhakeem 

Hello Could someone point me to where to get these indicators for Ninjatrader: Crude Oil Crack Spread Soybeans Meal Oil Crush spread. I look forward to your response. Cheers, AH Sent using the NexusFi mobile app

There's a free spread indicator on ninjatrader ecosystem but it won't currently cover more than two legs. You could probably request someone build it in the "Want your indicator coded free" thread...

Not a NT person but there are multiple crude oil crack spreads.
The five most common, which are all 2 legged spreads and have exchange traded spreads available on both NYMEX and ICE are

• WTI-Heating OIl Crack - CL vs HO
• WTI-RBOB Crack - CL vs RB
• Brent-Heating OIl Crack - BRN vs HO
• Brent-RBOB Crack - BRN vs RB
• Brent-Gasoil - BRN vs LGO

These can all be plotted with a simple spread indicator. Note: If you use a spread indicator with continuous contracts you will get some very strange results!

More complicated cracks, that give a better estimate of actual refiner margins, but not tradable as exchange traded spreads are

• 2:1:1 Crack ~ 2 Crude (WTI/CL or Brent/BRN) vs 1 Gasoline & 1 Heating Oil.
• 3:2:1 Crack ~ 3 Crude (WTI/CL or Brent/BRN) vs 2 Gasoline & 1 Heating Oil.
• 5:3:2 Crack ~ 5 Crude (WTI/CL or Brent/BRN) vs 3 Gasoline & 2 Heating Oil.

To chart these you need an indicator that not only takes 3 legs, but also allows weights on those legs.