Charting the Difference on TOS

[uptickk]

Does anyone know how to chart the price difference between two futures contracts using TOS? I have a feeling that it isn’t that difficult but I am not able to figure it out. I can compare two underlying’s but I am looking for the difference between them.

Thanks

 

[ammo]

put up the one instrument,then study, add study, bottom of studies list it says compare,add another instrument

 

[ammo]

or put up the instrument on the chart as i.e /dx-eur/usd and it will give a chart of the difference

 

[ammo]

Quote from ammo:

or put up the instrument on the chart as i.e (/dx-eur/usd )and it will give a chart of the difference

 

[uptickk]

Quote from ammo:

Am I doing something incorrectly?

If I enter /ZC-/ZS I am just getting both underlyings graphed together and not the difference.

 

[ammo]

negative 540

 

[uptickk]

Quote from ammo:

negative 540

Thanks for your help ammo. I must have had another study still on.

 

[riskaddict]

Is this what you mean? Under studies there is a "compare to" option all the way at the bottom. Then if necessary change the scale to % view.

 

[uptickk]

Quote from riskaddict:

Is this what you mean? Under studies there is a "compare to" option all the way at the bottom. Then if necessary change the scale to % view.

I was able to figure this one out as well after watching a TOS video. Thanks though.

 

[uptickk]

Is it possible to chart the difference between two contracts using different ratios? Example: Long 2 April Platinum and Short 1 April Gold?