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2012.10.08 14:32
Indicators

Second Graph - indicator for MetaTrader 5

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Description:

When launching the indicator, the necessary symbol for display ("Symbol1" parameter) should be specified in the input parameters. EURUSD is set by default. Several copies of the indicator with different input parameters can be launched allowing users to conveniently analyze several trading symbols in one window.

The indicator will be useful for traders interested in pairs trading (spread trading). The indicator allows to compare visually the charts of two symbols in one window estimating their correlation. The indicator bars are strictly synchronized by time with the bars of the chart the indicator is launched at.

Example of the indicator operation is shown below: AUDUSD (above), NZDUSD (in the indicator window below).


 


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/993

Spread Of Symbols Spread Of Symbols

The indicator shows the chart of the difference (sum) of trading symbols' prices. It is suitable for visual estimation of trading symbols' correlation. It will be very useful for traders interested in pairs trading (spread trading). Indicator bars are synchronized by time with the bars of the chart the indicator is launched at.

2 Symbols on Chart 2 Symbols on Chart

The indicator displays the second chart over the main one using the reference point.

ShowMinMaxDayLevels ShowMinMaxDayLevels

The indicator displays high and low levels of a day (specified by the input parameter value) on any timeframe.

Geo_ShowOpenDayLevel Geo_ShowOpenDayLevel

The indicator shows day open level on any timeframe.