Is this possible in Metatrader?

 

Is there a way to chart the price difference between two currency pairs in Metatrader to use for spread/pairs trading?

I'm looking for something that actually plots the price difference between two currency pairs such as in the attached example of Texas Instruments and Analog Devices.

Files:
correlation.gif  43 kb
 

excite2,

I was just wondering if you had any luck figuring out how to do this or if you had found a custom indicator that could show this relationship on the chart. It would certainly be interesting.

Eric

Reason: