How to Use Ratio Indicator in FX Replay

Add Custom Ratio Indicator

• Go to Indicators → Search for "Ratio" or enter a custom script
• (If comparing two assets, use price overlay or multi-pane setup)

Select Your Data Points:

• Example: ETH/BTC
• Plot the ratio using: Price of ETH ÷ Price of BTC
• You can visualize this using a line chart or oscillator if your custom script allows

Interpret Behavior:

• Uptrending ratio → ETH outperforming BTC
• Downtrending ratio → BTC outperforming ETH
• Watch for breakouts or divergences in the ratio to lead market moves

Combine with FX Replay Tools:

• Add a Market Structure or Volume Profile overlay
• Use FVG Zones or PO3° Indicator in parallel with ratio trend shifts
• Add alerts on custom ratios using breakout levels or moving average crossovers

Backtest Ideas with Ratio Context:

• Run side-by-side replays (e.g., SPX vs NDX, Gold vs Silver)
• Compare ratio inflection with FVG fills or HTF PO3 shifts