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Custom Bars Object
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Custom Bars Object
Is it possible to create a custom bars object which prices are the result of a mathematical operation involving two different instruments? For example: NewPrice=close[0][instr1] - 10*close[0][instr2]. I tried to find a hint in the help files, but wasn't successful.
Thanks for helping.Tags: None
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Custom Bars Object
Thanks, Patrick
Maybe that's something for a future update of NT. The ThinkOrSwim platform offers calculated fields, comprised of two ore more instruments, in their data series, and all indicators work on them. It's a great extension if you want to do pair trading or something like this.
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Originally posted by Loki45 View PostThanks, Patrick
Maybe that's something for a future update of NT. The ThinkOrSwim platform offers calculated fields, comprised of two ore more instruments, in their data series, and all indicators work on them. It's a great extension if you want to do pair trading or something like this.
In NinjaScript, you would have to calculate the OHLC values, and use a custom Plot() to draw the chart.
In actuality, there is a "Spread" indicator, in the sharing section of this forum, that shows and uses the technique. ref: http://www.ninjatrader.com/support/f...catid=4&id=367Last edited by koganam; 01-28-2014, 10:15 AM.
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