Pair Spread Indicator

Pair Spread Indicator

The indicator shows the difference in price between the two instruments.:

  • Graph in the form of a histogram of the difference in price between the two instruments in a separate window. Ideal for related tools for example:  BRN -- WTI,  GOLD -- 50* Silver, DJ -- 14*S&P500, etc;
  • Calculation method: closing price (open, high, low) N-bars back;
  • Moving average on the histogram;
  • Averaging options for the moving average: simple, exponential, smoothed, etc;
  • The negative coefficient of one of the tools will change the chart by the sum of prices: tool_1 + tool_2;
  • Indication of specified levels on the spread chart. 

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The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
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Pair Spread Indicator with recovery of missed bars
Vladislav Ostashenkov
Indicators
Pair Spread Indicator with recovery of missed bars. This indicator will automatically restore missed bars in the history at average prices of neighboring bars.  A histogram chart shows the price difference between the two instruments in a separate window. Ideal for related instruments, for example: BRN - WTI, GOLD - 50 * Silver, DJ - 14 * S & P500, etc .; Calculation method: the difference in closing prices (opening / maximum / minimum) between two current bars and sequentially N-bars back; Hist
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