Indicator to Display the Ratio or Difference Between Two Symbols (Titan_Comparison)
This indicator displays the price ratio (Stock A ÷ Stock B) or the price difference (Stock A - Stock B) of two specified stocks. It can show the time series progression in line with the movement of candlesticks, and it also has the capability to display real-time changes tick by tick.
Display Mode Based on Bar's Closing Price
Selecting "Bar" in the "Update Timing" setting updates the chart at the closing price of each bar in accordance with the main chart's timeline. You can analyze the price movements of the stocks in question over time, considering the ratios or differences between the two stocks.
【Example of display when 'Bar' is selected in 'Update Timing' setting】
Mode to Display Tick by Tick
When "Tick" is selected in the "Update Timing" setting, it displays the calculated results tick by tick, independent of the main chart's timeline. This allows you to check the relationship between the movements of the two stocks in a timely manner.
【Example of display when 'Tick' is selected in 'Update Timing' setting】
Note: This indicator only works with the Windows versions of MT5 and MT4 from TitanFX.
Indicator Terms of Use
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1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
2.The data displayed by the indicators do not guarantee your investment results. Also, the displayed content may vary due to market conditions and communication environments.
3.Please make investment decisions using indicators at your own risk. We are not responsible for any disadvantages or damages arising from the use of indicators.
4.Specifications of the indicators are subject to change without notice. Changes will be announced on the indicator description pages, etc.
5.Indicators should only be used by customers who have downloaded them. Transferring or selling the indicators to third parties is prohibited.
Indicator Settings
Input (for MT5), Parameter Input (for MT4) Tab Settings
| Variable Name | Description | Default |
|---|---|---|
| Symbol１ | Specifies the first symbol. If not specified, it defaults to the chart's symbol. | なし（チャートの銘柄） |
| Symbol２ | Specifies the second symbol | USDJPY |
| Calculation Method | Selecting 'Ratio' will display the result of the first stock ÷ the second stock. Selecting 'Difference' will display the result of the first symbol - the second symbol. | Ratio |
| Update Timing | Specifies the timing of updates. 'Bar' will update according to the chart's timeframe. 'Tick' will update tick by tick (independent of the chart's timeframe when set to 'Tick'). | Bar |
| Display Position | Specifies the position of the label display. | Top Right |
| Font Size | Specifies the size of the label text. | 10 |
| Font Color | Specifies the color of the label. | Yellow |
Color (for MT5), Color Settings (for MT4) Tab Settings
| MT5 | MT4 | Description |
|---|---|---|
| 0 | 0 | Specifies the color, width, and style of the lines to be displayed. |