How to do a Relative Analisys between 2 Markets in the same chart

[sadhaka]

Hi,

I have seen trader doing relative charts in other trading platforms but I don´t know how to do it with Ninja Trader.
What I would like to do is, for instance, to build a chart between two data series of market data Index or stocks, for example S&P 500 Versus Nikkei 225 or S&P 500 Versus EUR/USD or whatever. The chart would be a Ratio, the result of Dividing one of them between the other one getting only one relative chart of both of them. That´s all!!
Nothing to do with showing 2 or 3 index in the same chart!!!

I attach one example of a relative chart between S&P 500 and Nikkei

Thanks

[NinjaTrader_Jason]

Hello sadhaka,

Unfortunately this is not supported by default. However you could create a custom indicator that will plot prices of two data series divided by each other. This means you will need to use multi-time frames in the code. See the link below for information.

http://www.ninjatrader.com/support/helpGuides/nt7/multi_time_frame__instruments.htm

[sadhaka]

Hello,

ok, I will check it up!

Thanks