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Looking for ratio indicator

  • #1
  • First Post: Jan 11, 2011 5:38am Jan 11, 2011 5:38am
hi guys do you know of any indicator for metatrader that computes,draws and graphs the ratio between 2 currency pairs? say i opened a eurusd chart and want to get the ratio of it with usdjpy.something like eurusd/usdjpy.

thanks for any info
  • #2
  • Edited 12:57pm Jan 11, 2011 6:35am | Edited 12:57pm
Quoting toyotoyo
hi guys do you know of any indicator for metatrader that computes,draws and graphs the ratio between 2 currency pairs? say i opened a eurusd chart and want to get the ratio of it with usdjpy.something like eurusd/usdjpy.

thanks for any info
EURUSD x USDJPY = EURJPY. The same relationship holds true for any combo of pairs.
  • #3
  • Jan 11, 2011 7:06am Jan 11, 2011 7:06am
hi hanover thanks for that. i want to see this ratio on the eurusd chart as an indicator? do you know of any indicator that does that?

and my broker offers gold market in metatrader.how do i go about getting the ratio of a currency pair if i want to get the ratio against gold?
thanks.
  • #4
  • Edited 1:05pm Jan 11, 2011 8:55am | Edited 1:05pm
hey toyo..... try this......h
Attached Image (click to enlarge)
Click to Enlarge Name: toyo.jpg Size: 149 KB
Attached File(s)
File Type: mq4 toyotoyo ratio.mq4   2 KB | 1,618 downloads
to trade and code, keep both simple... no call to impress....h
  • #5
  • Jan 11, 2011 12:56pm Jan 11, 2011 12:56pm
Quoting hayseed
hey hanover.... something looks funny there..... a small number divided by a big number yielding a big number.....
Oops, you're right, I got it upside down: EURUSD x USDJPY = EURJPY

Will amend my earlier post.

@toyotoyo: looks like hayseed has written an indy for you, hence I'll leave the thread.
  • #6
  • Jan 11, 2011 1:50pm Jan 11, 2011 1:50pm
Quoting hayseed
hey toyo..... try this......h
WOW that's AWESOME! Thanks very much Hayseed!
(thanks also to hanover)

Have a nice day!
  • #7
  • Aug 23, 2014 4:31am Aug 23, 2014 4:31am
Quoting hayseed
hey toyo..... try this......h {file} {image}
The indicator is really amazing, thanks for the help and the time u consumed writing it ...
"It's the Margin, Stupid."
  • #8
  • Aug 23, 2014 9:19am Aug 23, 2014 9:19am
try this:
see post 2
http://www.forexfactory.com/showthre...39#post7635339
  • #9
  • Aug 23, 2014 12:05pm Aug 23, 2014 12:05pm
Quoting Kenz987
try this: see post 2 http://www.forexfactory.com/showthre...39#post7635339
thanks Kenz, i'll give it a go
"It's the Margin, Stupid."
  • #10
  • Aug 25, 2014 4:45pm Aug 25, 2014 4:45pm
Hi,

I am looking for an indicator that would scan all available instruments of a forex broker and displayed a list with ratios between an ATR of a selected period and spread. This way if you are a short term trader you will be able to select the less expensive pair to trade.

Since I am a junior member I was not able to start a separate thread.
  • #11
  • Jul 6, 2016 6:16am Jul 6, 2016 6:16am
Hi Hayseed and toyotoyo,

Sorry guys im new to this place so i cant start a thread. Need help with creating an indicator that shows Gold and Silver Ratio. Cant find anything online that i can use, was wondering if anyone can help.

Thanks alot to anyone who can help teach me how to do it on MT4.

Cheers
  • #12
  • Jun 5, 2017 9:22am Jun 5, 2017 9:22am
Hi Hayseed,

great indi!! Is there any chance you could add an option to invert the result.

Many thanks !

Cheers
  • #13
  • Last Post: May 4, 2020 12:10pm May 4, 2020 12:10pm
Hi

I would like to use the MT4 Ratio Indicator
to plot the Daily Ratio of Gold to Silver using daily Data

I have tried the formula “mq4 toyotoyo ratio.mq4"
But I do not get it to plot a Ratio Chart?

How should I enter the symbols for Gold and Silver for a Daily period chart?

Thank you in advance
Derek
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