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spread_of_symbols.mq5 (2.66 KB) view

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Description:

Indicator input parameters:

Symbol1 and Symbol2 - symbols for calculation of prices difference and displaying it as a chart. AUDUSD and NZDUSD by default.
mass_of_symbol1 and mass_of_symbol2 - quantitative ratio of trading symbols. Both parameters are equal to 1 by default. If you want to calculate the sum of symbols, put -1 to mass_of_symbol2 parameter. Sum calculation is used to evaluate the possibility of applying negative correlation symbols in pairs trading.

Image:

The image displays:

AUDUSD chart above, NZDUSD chart in the middle and Spread Of Symbols indicator below.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/998

2 Symbols on Chart

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

SpudsStochastic

8 Stochastic oscillators (%K 6, 9, 12, 14, 16, 19, 21, 24).

Second Graph

The simple indicator for displaying the price chart of any trading symbol in the indicator window.

ShowMinMaxDayLevels

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

Spread Of Symbols - indicator for MetaTrader 5