Calculated instrument as an indicator

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    SkySurferBlueSkySurferBlue
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    How do you add a calculated instrument to show on a chart as an indicator?

    Can the following formula be done as a Calculated instrument?

    Change in value of Vix = 1-Vix/Vix[1]

    Change in value of SPY = 1- SPY/SPY[1]

    Calculated Instrument = Change in SPY/ Change in VIX

    Then want to plot this on the SPY/SP500 chart

    #245654 quote
    Iván GonzálezIván González
    Moderator
    Legend

    Hi. In calculated instruments, you can’t reference yesterday’s price. You can get the SPY/VIX ratio, but not what you’re proposing.

    SkySurferBlue thanked this post
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Calculated instrument as an indicator


General Trading: Market Analysis & Manual Trading

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This topic contains 1 reply,
has 2 voices, and was last updated by Iván GonzálezIván González
1 year, 5 months ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 04/05/2025
Status: Active
Attachments: No files
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