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Futures 6J and USDJPY symbols correlation.

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    Futures 6J and USDJPY symbols correlation.

    Hi,

    I am a Junior trader and have a basic doubt. I am comparing Forex Spot and Forex Futures symbols using NinjaTrader and data feed from CQG and FXCM.

    Just realized 6J Japanese Yen- US dollar Futures symbol is INVERTED as related to Forex USDJPY, for the apparent symbol reason that the Futures symbol is explicitly designated as JPY-USD ( as in the image attached) and not USD-JPY as in Forex.

    Would someone have a solution to load the Futures 6J chart as if it were USDJPY, that is, being able to watch the development of the intraday chart aligned with USDJPY? In other, I want to compare peaks with peaks and valleys with valleys. Now , what I have are (i.e) peaks at 6J and valleys at USDJPY, and vice-versa, which makes the correlation almost impossible to be observed with the naked eye.


    Thanks much,
    G

    Click image for larger version

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    #2
    Hello bouncetherubble,

    Thanks for your post.

    For a visual observation, you may want to test the bars type available from the NT user Apps called "Mirror Bars" which basically inverts the selected data series. Note the Mirror bars are limited to Minute, tick, volume, second, day, month, and year.

    This bar type is publicly available on our NinjaTrader Ecosystem website:Here is a basic guideline of how to Import NinjaScripts.

    To import NinjaScripts you will need the original .zip file.

    To Import
    1. Download the NinjaScripts to your desktop, keep them in the compressed .zip file.
    2. From the Control Center window select the menu Tools>Import>Ninjascript add-on
    3. Select the downloaded .zip file
    4. NinjaTrader will then confirm if the import has been successful.

    Critical - Specifically for some NinjaScripts, it will prompt that you are running newer versions of @SMA, @EMA, etc. and ask if you want to replace, press 'No'

    Once installed, you may add the bar type to a chart by:
    • Right click your chart > Data series> type> Mirror bars
    The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

    Comment


      #3
      Hi,

      That is Great!

      I knew there had to exist a solution for the situation. Actually I have seen this indicator when browsing through the App Share database but either forgot about it or hadn't realized what it was meant for ...

      Thanks Much
      G

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