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Calculate the ratio between two securities

enricod · 2021-05-14T15:54:49+00:00

Hello, I’m unable to find any indicator or something else to simply add two securities and calculate the ratio of it. For example: [MyChart] = Close[Dow Jones] / Close[S&P 500] The calculated result shall be plot as a normal chart. Is this somehow possible? Thanks, Enrico

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Calculate the ratio between two securities

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05/14/2021 at 4:54 PM #169707 quote

enricod
Participant

New

Hello,

I’m unable to find any indicator or something else to simply add two securities and calculate the ratio of it.
For example: [MyChart] = Close[Dow Jones] / Close[S&P 500]

The calculated result shall be plot as a normal chart. Is this somehow possible?

Thanks, Enrico

05/17/2021 at 7:53 AM #169870 quote

Nicolas
Keymaster

Legend

Sure, just use the spread chart tool to create your own ratio between 2 instruments.

[youtube]https://youtu.be/dX_pi7JrZ_Y[/youtube]
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Calculate the ratio between two securities

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enricod @enricod Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
5 years, 4 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	05/14/2021
Status:	Active
Attachments:	No files

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Calculate the ratio between two securities

Stuck on this ProBuilder code?

Calculate the ratio between two securities ProBuilder: Indicators & Custom Tools

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Calculate the ratio between two securities

ProBuilder: Indicators & Custom Tools