I would like for an intermarket strategy to divide the Gold future by Oil future (&GC / &CL) and check the RSI value of that.
Unfortunately there is no possibility to use a dynamic source field. Close, Volume etc... are hardcoded values in the dropbox.
Or make it better: Use one indicator as an input for another. For example, apply a Moving Average to a Stochastic Indicator, or even to another Moving Average.
Unfortunately there is no possibility to use a dynamic source field. Close, Volume etc... are hardcoded values in the dropbox.
Or make it better: Use one indicator as an input for another. For example, apply a Moving Average to a Stochastic Indicator, or even to another Moving Average.
Rename
Please see the Eval() indicator (part of finantic.Eval extension) and use the SymbolInd indicator in an Expression like:
CODE:
Close / SymbolInd(bars, Close, "CL")
QUOTE:
Or make it better: Use one indicator as an input for another. For example, apply a Moving Average to a Stochastic Indicator, or even to another Moving Average.
Discover the Transformer indicators.
To elaborate, look for MathIndOpInd and IndOnInd in the Transformer Indicators folder. Another option is the third party finantic.Eval as DrKoch mentioned.
@DrKoch:
I just bought now the Eval Extension. Thanks it works now:
I just bought now the Eval Extension. Thanks it works now:
:)
Do you have to get the finantic extension to perform this? I see the Transformer Indicators so curious if anyone could display how to maybe perform a simple GLD/SLV ratio and apply a 20 day moving average to the ratio.
It's the finantic Eval extension and there's an example in Post #4 showing a condition for 14 day RSI of &GC/&CL < 30.
It takes a little work, but like Glitch mentioned in Post #3 you can get there with Transformers too:
It takes a little work, but like Glitch mentioned in Post #3 you can get there with Transformers too:
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