smw10:
Are you suggesting you want a Price vs Price chart ? I don't think you do . . .
Charting currency pairs is standard. When dealing with indices each index is charted against TIME. Is it possible to chart one index against another eg CAC/DAX. These two indices move together very closely and it is possible to trade any disparity, but not when this disparity is not clearly visible. Perhaps there is an indicator/template that shows visibly this separation. Any suggestions please?
smw10
- Is it possible to chart one index against anotherIn a indicator, separate window - easy
- In a indicator, as overlay, in the same window and the values are similar, get the value(s) for the other pair/index/... and draw your line/histogram - easy
- In a indicator, as overlay, non-similiar values, you'll have to map them to the chart scale and only display the visible values - harder.
- In a EA, as overlay, see my Polyline code #2, #3 apply.
- these two indices move together very closely and it is possible to trade any disparityIf you are only concerned with the differences. Create a MACD equivalent.
RaptorUK:
Are you suggesting you want a Price vs Price chart ? I don't think you do . . .
I think that is exactly what I need. If the indices were in perfect unison it would be a straight line. Any disparity from this would show when and which index is out of line giving a "catch up" trade.
Are you suggesting you want a Price vs Price chart ? I don't think you do . . .
RaptorUK:
Are you suggesting you want a Price vs Price chart ? I don't think you do . . .
Are you suggesting you want a Price vs Price chart ? I don't think you do . . .
smw10:
I think that is exactly what I need. If the indices were in perfect unison it would be a straight line. Any disparity from this would show when and which index is out of line giving a "catch up" trade.
OK, you can't do it on MT4, the X axis is time . . .
I think that is exactly what I need. If the indices were in perfect unison it would be a straight line. Any disparity from this would show when and which index is out of line giving a "catch up" trade.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Charting currency pairs is standard. When dealing with indices each index is charted against TIME. Is it possible to chart one index against another eg CAC/DAX. These two indices move together very closely and it is possible to trade any disparity, but not when this disparity is not clearly visible. Perhaps there is an indicator/template that shows visibly this separation. Any suggestions please?
smw10