Divergence Indicator for Correlated Assets

I’d like to suggest a potential feature for TopstepX: a divergence indicator for correlated assets, similar to how the platform currently displays session highs and lows.

For example, when trading NQ, it would be extremely useful to have an indicator that visually alerts me when the correlated asset (such as ES) takes out a previous high/low or trades through a specific zone, and vice versa. Ideally, this could be displayed directly on the chart so the trader can immediately recognize the divergence without having to switch between charts.

One of the biggest challenges with monitoring correlated assets is that it requires constantly switching back and forth between markets. This can be especially difficult when someone is traveling, away from their desk, using a single monitor, or trading from a smaller screen.

A feature like this could potentially work similarly to the existing session high/low markers—for example, displaying a clear visual indication when the correlated asset takes a high/low while the primary asset does not, or when one asset trades through a significant zone without confirmation from the other.

I think this could be a very useful tool for traders who incorporate intermarket relationships and divergence into their strategies. It would make the information much more accessible directly from the chart and reduce the need to constantly monitor multiple charts.

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Upvoters
Status

Added to Backlog

Board

💡 Feature Request

Tags

Charts

Date

18 days ago

Author

And S1

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