Support Board
Date/Time: Fri, 28 Mar 2025 12:51:33 +0000
Help With Indicator
View Count: 342
| [2022-11-30 09:51:47] |
| rwilliams1 - Posts: 346 |
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I'm trying to hedge two instruments and would like to chart what a proper hedge ratio would look like, but I'm not sure which indicator to use to accomplish this? For example, if I have 1 lot of January CL and would like to hedge it with 3 lots of September CL, what would I use to show their proper weights/strength? If I use a multiplier on one it simply multiplys the price; it doesn't show the proper weighting/strength of the ratio of the two instruments. Would I just use a simple ratio chart and change the multiplier, or something else? Any help is appreciated. |
| [2022-11-30 23:59:42] |
| Sierra_Chart Engineering - Posts: 18974 |
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We do not know what the math is that you would need to use to do what you want. Have a look at the studies here to accomplish the calculations that you need: Using the Basic Arithmetic Studies Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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