Offset price by a few ticks!

[SuperDriveGuy]

Hi,
I trade CFDs using futures data for analysis.

For example, I trade the GER30 based on the FDAX charts. There is always a difference of 2 to 5 points difference between the two instruments, this can go up or down as the front month progresses.

Question: Is there any way to offset the either the GER30 or the FDAX price on the charts, so that they are visually similar as opposed to being off by a few ticks?

I do understand that there will always be a difference in the two instruments, its just that if one knows the difference in price and is able to offset it, its visually easier to compare.

Thanks

[NinjaTrader_EricB]

Hello SuperDriveGuy,

Thank you for your post.

Glad to assist. A real-time tick filtering can be setup via Tools > Options > Market Data > Realtime > "Filter bad ticks" options.

See the below section of our help guide for more on tick filtering.

https://ninjatrader.com/support/help...ick_filter.htm

Let us know if we may assist further.

[SuperDriveGuy]

Hi Eric,
Thanks for your response BUT I am not looking for tick filtering but offsetting the price of an instrument by a particular value, say 10 ticks

Thanks,
SDG

[NinjaTrader_EricB]

Thank you your reply.

I see, unfortunately there is not a method to set an offset to the current price in this manner.

[SuperDriveGuy]

Hi Eric,
I think maybe if I present the question in a different way...

I see that are ways to display a spread between 2 instruments, say instead of wanting to display the net difference(spread), I wanted to display instrument1+spread. Is there a way to achieve this?
Thanks,

[NinjaTrader_Ray]

Hi Eric,
I think maybe if I present the question in a different way...

I see that are ways to display a spread between 2 instruments, say instead of wanting to display the net difference(spread), I wanted to display instrument1+spread. Is there a way to achieve this?
Thanks,

You could create a simple indicator that takes the close price and offsets it by your desired amount. Then apply said indicator to chart (would be a line style, not candle stick) and set the underlying instrument data series plot to Transparent.