Ratio

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Ratio

Postby Apprentice » Fri Apr 01, 2011 5:22 am

Ratio.png

Ratio indicator shows the relationship between two instruments.
Ratio.lua
(5.52 KiB) Downloaded 1877 times


Ratio = Chart Price/ Selected Instrument Price

This is an example of analysis using this indicator.

Dollar_Gold.PNG

Dollar Value vs Gold
Gold_Copper.PNG

Gold / Copper Ratio
Gold_Oil.PNG

Gold / Oil Ratio

Do you think that gold is expensive.
1st Growth of gold value is primarily the result of a low value of dollar.
2nd Gold / Oil and Gold / Copper ratio shows that gold is fair valued.
3rd Analysis of fiscal and monetary policy and its impact on inflation, especially the value of gold, suggests a continuation of previous trends, the conservative target is 2000 dollar, but growth above this level should not surprise us.

Moreover, the relative price of gold falls, even if its absolute price increases.
This analysis is not trading recommendation, is just an example of use of this indicator.

Trading on the basis of this analysis is possible using some advanced strategies.

Two Source Ratio.lua
(7.05 KiB) Downloaded 578 times

Ratio = Price1/Price2
Ratio for EUR/USD and AUD/USD
Is 1,11862 /0,744496 = 1,50158
MQ4/MT4 version
viewtopic.php?f=38&t=67214
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Apprentice
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Re: Ratio

Postby Apprentice » Fri Feb 15, 2013 11:00 am

Ratio MACD.png

MACD Indicator is calculated based on the ratio between the two currency pairs.
Ratio MACD.lua
(9.39 KiB) Downloaded 844 times
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Apprentice
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Re: Ratio

Postby Apprentice » Wed May 03, 2017 1:55 pm

Indicator was revised and updated.
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Apprentice
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Re: Ratio

Postby Apprentice » Tue May 30, 2017 6:55 am

Two Source Ratio.lua added.
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Re: Ratio

Postby Apprentice » Wed Feb 21, 2018 6:19 am

The Indicator was revised and updated.
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Apprentice
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Posts: 36341
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