Price Ratio Index Indi help

Hi There,

So attached is a very simple price ratio indicator that plots bollinger bands around it.

Plot the ratio of two currency pairs and then plot 2 standard deviations via bollinger bands around the price ratio index.

Pretty simple concept and a pretty simple indicator to code.

However I'm having quite a bit of trouble coding it. For some reason it doesn't refresh correctly and I've tried coding this indicator in several different ways all resulting in the same problem. It would also repaint where as other indicators built in this manner do not at all.

Can anyone take a look and help find a solution to these problems? I've attached the simplest version of the indicator below.

Thanks

Hello,

What exact problems do you have with indicator? how should it refresh and how does it do that now? Can you post some screenshots?

I have fixed the indicator and it should work correctly.

Drgoodvibe, could you please verify that it is working as intended?

Maybe you could share how you would use this indicator for the pairs trading strategy...

I have the correlation ration indicator on the 15M AUDUSD chart. The instrument entered within the indicator is NZDUSD. What does it show when the black line is rising and touching the upper bands? Does this mean AUDUSD is moving faster going up in price vs. NZDUSD?