SpreadChartOscillator

  • Indicators
  • Sergii Krasnyi
    Sergii Krasnyi

    Sergii Krasnyi

    5 (8)
    Dear ladies and gentlemen, members of the stock market, Greetings.
    My name is Sergey Krasny, and I have been involved in trading and programming for more than ten years.
    My path in studying this field started in 2011, and I realized my first custom project in 2013.
    9 products 1 comment
  • Version: 1.0

SpreadChartOscillator is an indicator that displays the spread line of a symbol in the subwindow of the oscillator.

In the parameters it is possible to specify another symbol from which the spread line will be broadcast.

If the "Symbol" parameter is left empty, the spread line will be displayed from the current symbol on which the indicator is set.

This tool is ideal for traders who want to see the spread dynamics in the oscillator format and use it to protect themselves from entering the market when the spread is large.


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This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU
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Maxim Bazuev
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Maxim Bazuev 2024.09.20 08:41 

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