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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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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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Version 1.3 2019.12.26
Added full english translation