Put-Call-Ratio Indicator

[Harvard]

Dear Ninjatrader-Team,

it's great that we can trade options with our Ninjatrader 8 now. Great work. It would be helpful if we could plot a Put-Call-Ratio
as a contrarian indicator like it is possible in TradingView.

Kind regards,
Harvard

[NinjaTrader_ShawnB]

Hello Harvard,

Thank you for the suggestion.

I have submitted this as a feature request to the Development Team. I will follow up with an internal tracking number for your reference as soon as it is created.

Thanks in advance for your patience.

[NinjaTrader_ShawnB]

Hello Harvard,

Thanks for your patience.

The internal tracking number for your feature request is SFT-4801. Please reference this internal tracking number when contacting Platform Support if you ever have questions regarding this feature request.

When a feature request is implemented, you'll find a description of the new feature in the release notes:

• http://ninjatrader.com/support/helpG...ease_notes.htm

Please do not hesitate to contact us for any other NinjaTrader inquiries you may have.

[kkc2015]

There is a Put Call Ratio indicator created already by NinjaTrader_Jim. You can check the URL below to see if that is what you are looking for. If you are just looking for raw PCR data, you can either open a chart with ^PCR instrument symbol or remove the codes for smoothing the raw data.

https://ninjatraderecosystem.com/user-app-share-download/pcrifast-and-pcrislow-2/

[guarun37]

The Put Call Ratio indicator is a great indicator to understand the sentiment of the market. It gives an idea of the number of open put options to the call options. Based on the value of the put call ratio or PCR can tell us how the investors expect the market to perform.
PCR > 1
This indicators that there are more open put options with a massive bearish market.
PCR = 1
This indicates that there are equal number of put and call options that are open. It simply means that the investors are unsure of where the market is headed.
PCR < 1
The PCR is generally always below one. This indicates that investors have a bullish outlook towards the market and they expect it to keep growing in value.
The put call ratio is a useful tool for seasoned traders helping them decide when to enter or exit a trade.

[orenytz]

from where can i get call and put options data ?

[NinjaTrader_Manfred]

Hello orenytz,

Thank you very much for your post!

To receive real-time data for options, please connect to a provider that supports options for your instrument type.

For a full list of supported providers, please see below:

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?data_by_provider.htm

Please don't hesitate to let us know, should you have any further questions!