Indicator, matching two different data sets

• 12/20/2016 at 3:30 PM #18872
  Spekulanten

  Hi, is it possible to add two different values of data in an indicator – where both has its own y-axis value, like in excel.

  If indicator x has y-values of around 10,15,9,16,20,7 and indicator y has y-values of 200 000, 800 000, 5 000 000, 400 000….. i want these to be displayed on top of eachother, and best way for this is seperate y-axis.

  Is this possible? Or how do you solve this problem? What formula do you use to get them to same level?

  Thanks

  

  Spekulanten

  Participant

  Topics: 12

  Replies: 18

  Been thanked: 0 times
  12/21/2016 at 9:10 AM #18904
  Nicolas

  There is no such automatic scaling I’m afraid. You could normalize the 2 indicators values to the same scale on a percentage basis for example.

  This solution is simple if they are bounded, but a bit more tricky if they are not.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  12/21/2016 at 12:28 PM #18914
  Spekulanten

  How do i “normalize the 2 indicators values to the same scale on a percentage basis for example.”? I noticed that the option don’t exist in the chart panel properties with my two indicators. But yes it does exist in the price tool.

  Yes exactly, before i have used a count function to get them to the same scale, the problem i have tho, is that the %change on each dissapears, it only counts if it was up/down from before.. and not how much, which in my case is crucial.

  

  Spekulanten

  Participant

  Topics: 12

  Replies: 18

  Been thanked: 0 times
  12/21/2016 at 12:49 PM #18920
  Nicolas

  Please share their codes to make changes accordingly to their normalisation. Otherwise it would be difficult to explain the “how-to”! 🙂

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
• Author
  Posts