LS Yield Histogram Pair Trading

  • Indicators
  • Thiago Lopes
    Thiago Lopes
    Hello! I'm Caicai, a developer and trader focused on creating high-performance Expert Advisors (EAs) for MetaTrader 5. My expertise lies in transforming complex trading logic into 100% automated systems using MQL5 and Pine Script.
    ​Core Competencies:
  • Version: 5.0
  • Updated: 17 March 2026
  • Activations: 5

Caicai L&S Yield Histogram

Important Notice: This indicator is an integral tool of the automated EA Caicai Long and Short Pair Trading.

This indicator visually displays the percentage deviation (Yield %) of a pair's current spread relative to its own historical mean. It is an excellent tool for quickly visualizing the gross financial potential of a market distortion in Long & Short operations.

Main Features:

  • Percentage Visualization: Understand the size of the distortion in palpable percentage terms.
  • Multiple Strategies: Supports spread calculations based on Simple Ratio or Ordinary Least Squares (OLS) Log.
  • Dynamic Coloring: Automatically colors the histogram bars for instant visual feedback.

Input Parameters:

  • InpSymbolY: The ticker of the first asset. Ex: EURUSD
  • InpSymbolX: The ticker of the second asset. Ex: GBPUSD
  • InpStrategy: Calculation method. Choose between 0 (Simple Ratio) or 1 (OLS Log).
  • InpPeriod: The historical period used to calculate the mean and the current yield deviation (Default: 20).

How to Use:

The histogram plots the Yield %. Blue bars indicate that the current spread is above the historical mean (potential short spread opportunity), while red bars indicate the spread is below the mean (potential long spread opportunity). The height of the bar shows the exact percentage deviation.

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Caicai L&S Z-Score Monitor Important Notice: This indicator is an integral tool of the automated EA Caicai Long and Short Pair Trading . If you are looking for the complete automation solution for this strategy, visit the EA page! This indicator monitors Long & Short (Pair Trading) operations by calculating the Z-Score of the spread between two defined assets (Asset Y and Asset X). It is an essential visual tool for identifying mean reversion opportunities. Key Features: Two Calculation Metho
Caicai Cointegration Quant Tracker Important Notice: This indicator is an integral tool of the automated EA Caicai Long and Short Pair Trading . If you want the full automated solution, visit the EA page! A robust quantitative tool designed to validate Pair Trading operations. This indicator brings advanced mathematical analysis to your charts, ensuring you only trade pairs with a true statistical edge. It calculates essential metrics to validate if two assets are truly cointegrated and suitable
Dynamic Trend Visualizer: Momentum and Direction Indicator The Dynamic Trend Visualizer is an advanced flow analysis tool designed to translate the complexity of price movements into a clear and objective visual map. Through an internal trend-tracking algorithm, the indicator continuously scans price action and identifies who is in control of the market — bulls, bears, or indecision. Instead of cluttering your chart with lines and oscillators, it directly colors the candles in real-time, allowin
CAICAI GRADIENTE LINEAR: O Poder do Grid Direcional Automatizado O CAICAI GRADIENTE LINEAR não é apenas mais um robô de grid. É um sistema completo de gestão de posições desenvolvido para a plataforma MetaTrader 5, projetado para transformar a complexa operação de Gradiente Linear (Grid Trading) em um processo sistemático, altamente disciplinado e com proteção de capital. Seu grande diferencial no mercado é a ancoragem direcional via Médias Móveis . O EA constrói posições gradativamente para luc
EA Caicai Infinity Trader - Bands Edition The EA Caicai Infinity Trader is an institutional-grade automated trading system designed for demanding traders who seek maximum mathematical efficiency and absolute risk control. Built with an advanced Linear Gradient engine (Dynamic and Static Grid) , it uses intelligent pending order execution (Limit) with a CloseBy system to reduce spread costs and maximize performance. Perfect for trading in diverse markets, its logic is highly adaptable to the v
EA CAICAI 2MV FLOW FREQUENCY PRO Turn market reading into AUTOMATIC PROFIT EXECUTION Forex · Futures · Stocks · Cryptocurrencies Platform: MetaTrader 5 DOMINATE THE MARKET WITH SURGICAL PRECISION Stop guessing. Stop hesitating. The EA Caicai 2MV Flow Frequency Pro executes exactly what most traders fail to do: act at the right moment — without emotion, without delay, and without human error. Based on the powerful 2MV methodology, this robot identifies in real-time: ️ Direction
Caicai QuantCopier Pro: The Ultimate Analysis & Signal Copier Ecosystem The Caicai QuantCopier Pro is not just an ultra-fast local trade copier; it is a full-fledged quantitative intelligence dashboard designed for systematic traders and portfolio managers. It bridges deep statistical analysis of multiple Expert Advisors (EAs) with a near-zero latency transmission/reception engine. If you run dozens of EAs or grid strategies and need to separate what actually profits from what destroys your acco
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