• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Divergence Between Instruments

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Divergence Between Instruments

    Is there an indicator which shows the net correlation or divergence between two instruments?

    #2
    The correlation indicator will plot the correlation of the data series to a desired instrument. Values close to 1 indicate movement in the same direction. Values close to -1 indicate movement in opposite directions. Values near 0 indicate no correlation.

    Here is an example of the correlation indicator applied to an ES 12-19 chart correlating the NQ 12-19:

    https://www.screencast.com/t/7GX8ZHND
    Patrick G.NinjaTrader Customer Service

    Comment


      #3
      Hi Patrick, Where can I find this indicator? I couldn't find from my current NT8.

      Comment


        #4
        It's built into NinjaTrader if you're using 8.0.19.0 or later. If you need to update, please follow the steps below.
        • First, copy your license key from NinjaTrader under Help> License Key then exit NinjaTrader
        • Click on the link: http://ninjatrader.com/PlatformDirect
        • Enter your license key and press Submit
        • Select 'NinjaTrader 8'
        • Select 'Download'
        • Critical: Before running the installer, ensure NinjaTrader is closed.
        Patrick G.NinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by thnkitr, Today, 03:15 AM
        0 responses
        1 view
        0 likes
        Last Post thnkitr
        by thnkitr
         
        Started by Kovalev, Today, 02:07 AM
        0 responses
        2 views
        0 likes
        Last Post Kovalev
        by Kovalev
         
        Started by kunkun80, Today, 01:37 AM
        0 responses
        1 view
        0 likes
        Last Post kunkun80  
        Started by Mykro, Yesterday, 02:51 PM
        2 responses
        12 views
        0 likes
        Last Post Dan_D_Trader  
        Started by Dan_D_Trader, Today, 12:41 AM
        0 responses
        3 views
        0 likes
        Last Post Dan_D_Trader  
        Working...
        X