Ratio
Indicator guide
The Ratio Indicator lets you compare the performance of two assets, helping you spot relative strength, rotations, and leading signals in the market.
How to Use Ratio Indicator in FX Replay
Add Custom Ratio Indicator
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Go to Indicators → Search for "Ratio" or enter a custom script
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(If comparing two assets, use price overlay or multi-pane setup) Select Your Data Points:
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Example: ETH/BTC
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Plot the ratio using: Price of ETH ÷ Price of BTC
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You can visualize this using a line chart or oscillator if your custom script allows Interpret Behavior:
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Uptrending ratio → ETH outperforming BTC
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Downtrending ratio → BTC outperforming ETH
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Watch for breakouts or divergences in the ratio to lead market moves Combine with FX Replay Tools:
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Add a Market Structure or Volume Profile overlay
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Use FVG Zones or PO3° Indicator in parallel with ratio trend shifts
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Add alerts on custom ratios using breakout levels or moving average crossovers Backtest Ideas with Ratio Context:
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Run side-by-side replays (e.g., SPX vs NDX, Gold vs Silver)
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Compare ratio inflection with FVG fills or HTF PO3 shifts