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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Forex Breath System is a trend based trading system which can be used with any market. You can use this system with currencies, metals, commodities, indices, crypto and even stocks. It can also be used with any time frame. The system is universal. It shows trend and provides arrow signals with the trend. The indicator can also provide you with a special type of alerts when the signals appear in the direction of the trend which makes trend trading an easy task. The indicator is very easy to use a
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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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