Indicator, matching two different data sets

Spekulanten · 2016-12-20T14:30:10+00:00

Hi, is it possible to add two different values of data in an indicator – where both has its own y-axis value, like in excel. If indicator x has y-values of around 10,15,9,16,20,7 and indicator y has y-values of 200 000, 800 000, 5 000 000, 400 000….. i want these to be displayed on top of eachother, and best way for this is seperate y-axis. Is this possible? Or how do you solve this problem? What formula do you use to get them to same level? Thanks

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12/20/2016 at 3:30 PM #18872 quote

Spekulanten
Participant

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Hi, is it possible to add two different values of data in an indicator – where both has its own y-axis value, like in excel.

If indicator x has y-values of around 10,15,9,16,20,7 and indicator y has y-values of 200 000, 800 000, 5 000 000, 400 000….. i want these to be displayed on top of eachother, and best way for this is seperate y-axis.

Is this possible? Or how do you solve this problem? What formula do you use to get them to same level?

Thanks

12/21/2016 at 9:10 AM #18904 quote

Nicolas
Keymaster

Legend

There is no such automatic scaling I’m afraid. You could normalize the 2 indicators values to the same scale on a percentage basis for example.

This solution is simple if they are bounded, but a bit more tricky if they are not.

12/21/2016 at 12:28 PM #18914 quote

Spekulanten
Participant

Average

How do i “normalize the 2 indicators values to the same scale on a percentage basis for example.”? I noticed that the option don’t exist in the chart panel properties with my two indicators. But yes it does exist in the price tool.

Yes exactly, before i have used a count function to get them to the same scale, the problem i have tho, is that the %change on each dissapears, it only counts if it was up/down from before.. and not how much, which in my case is crucial.

12/21/2016 at 12:49 PM #18920 quote

Nicolas
Keymaster

Legend

Please share their codes to make changes accordingly to their normalisation. Otherwise it would be difficult to explain the “how-to”! 🙂
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Indicator, matching two different data sets

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This topic contains 3 replies,
has 2 voices, and was last updated by Nicolas
9 years, 9 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	12/20/2016
Status:	Active
Attachments:	No files