Plots the Ratio of two instruments
The first (numerator) instrument is the primary chart data series. The secondary (denominator) instrument is specified by the parameter "Symbol2". The secondary instrument does not need to be plotted on the chart, but if it is, then "Symbol2" may be left blank and if will default to the second instrument displayed on the chart.
The Ratio indicator may be used as the input to other indicators such as Bollinger Bands, to plot its relationship to its recent volatility.
The "Normalize" parameter defaults to "false" (Ratio = P1/P2), but may be set to "true" for a normalized ratio calculation: Ratio = P1/(P1+P2)
The "UseMultiplier" parameter defaults to "true" to incorporate the contract multiplier into the calculation.
Default behavior is "CalculateOnBarClose = false" for real‐time display; set to "true" if not needed.
| Created By | kdoren |
| NinjaTrader Version | 7 |
| File Size | 7.8 KB |
| Create Date | 06/28/2010 |
| # of Downloads | 1373 |
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Questions?
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