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Note: Your purchase includes only Multi-Instrument Synergy and does not come with an input indicator. Feel free to use it alongside your existing indicators.
Introducing Multi-Instrument Synergy
In financial markets, instruments often move in correlation or diverge, reflecting shifts in economic conditions and trader sentiment. For example:
- Indices like ES, YM, NQ, and RTY typically move together.
- Inverse relationships exist between assets like NQ and gold.
Tracking multiple markets provides valuable insights, but it can also:
- Be time-consuming and create information overload.
- Slow down decision-making and impact focus.
- Strain your system, delaying critical trading moves.
Multi-Instrument Synergy simplifies this process by allowing you to analyze up to 5 instruments—all on a single chart.
Why You’ll Love It:
- Effortlessly spot correlations and divergences across multiple markets.
- Validate signals by comparing related instruments.
- Uncover unique opportunities through market misalignments.
With Multi-Instrument Synergy, you’ll gain a clear and comprehensive market view, empowering you to make faster, smarter trading decisions.
How Can Multi-Instrument Synergy Benefit You?
- Merge signals from 5 instruments into 1 chart
Each instrument’s signals are plotted separately on a single sub-panel, providing a clear visual timeline for easy review from past to present. - Identify high-confidence trade opportunities
By detecting the same signal type across all 5 selected instruments, you gain access to more reliable, high-probability signals. - Enjoy complete flexibility with instrument & indicator selection
Choose any 5 instruments and pair them with any indicator that supports Dedicated NinjaScript signals. You can integrate indicators from ninZa.co and RenkoKings.com as inputs. - Enhance backtesting efficiency
Analyze signals from 5 instruments simultaneously within a single backtest, leading to more precise and reliable results. - Reduce system strain & improve performance
View multiple signals without opening multiple charts, reducing your computer’s workload for smoother trading and less lag.
How Does Multi-Instrument Synergy Work?
Multi-Instrument Synergy is both a software and an indicator, leveraging multiple instruments to generate highly reliable signals
1. Software Functionality
It uses an indicator as input, collecting signals from 5 instruments (e.g., NQ, YM, ES, RTY, SPX, etc.).
These signals are displayed on a single chart, offering a comprehensive market overview without the hassle of switching between charts.
2. Indicator Functionality
Regular Mode – Perfect for traders seeking alignment across multiple instruments.
- Each plot in the sub-panel represents a signal from a different instrument.
- When all 5 instruments align, the indicator triggers a signal on the price chart.
- A color-coded background highlights sustained alignment.
Inverse Mode – Designed for traders who capitalize on divergences between negatively correlated instruments.
- Each instrument can be set to Inverse Mode in the parameters.
- Example: If NQ generates a buy signal, and GC (gold) generates a sell signal, this divergence is considered a valid entry.
- In Inverse Mode, sell signals on GC automatically flip to buy signals in the indicator’s plot, and vice versa, making divergence-based strategies easier to execute.
By simplifying correlation and divergence analysis, Multi-Instrument Synergy enhances efficiency, accuracy, and market insight, streamlining your workflow and boosting trading performance.
Dedicated NinjaScript Signals
- Signal_Trade: 1 = bullish reversal, -1 = bearish reversal, 0 = no signal
- Signal_State: 1 = bullish overlap, -1 = bearish overlap, 0 = no overlap
Compatibility
- Instruments: futures, stocks, indices
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
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Media
Changelog
- Dec 18, 2024The “Plot Width” parameter was added.
- Dec 02, 2024A minor issue regarding the “Data Series Behind” was fixed.
- Oct 14, 2024Some parameters in the Graphics region were rearranged.
- Sep 24, 2024The indicator was renamed to Multi-Instrument Synergy.
- Sep 21, 2024The indicator was released (built new).