Ratio Moving Average

[fperugini]

I am new to NT Strategy development. In my strategy, how can I create a Simple Moving Average for the ratio of 2 instrument daily close prices?

For example if I have 2 Bond ETF's:
-HYLD
-SHY

In my strategy, I need to create a 20 day Simple Moving Average of the ratio of the daily close prices:
SMA(HYLD Close Price / SHY Close Price)

Do I need to manually create a new DataSeries with the price ratio and pass that to SMA in the OnBarUpdate event? I would also like to plot this SMA.

Any sample code would be greatly appreciated.

[NinjaTrader_CalH]

Hello fperugini,

Thank you for your post and welcome to the forums!

You can use the Closes[][] to select which data series to grab and which bar to use. You will also want to create a new data series to store this value
I have attached an indicator that will show an example of this. I also included a BarsInProgress check as to not get double values from the multiple data series.

Let me know if I can be of further assistance