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Pair Spread Indicator with recovery of missed bars

38 USD

Demo downloaded: 14

Published: 24 December 2019

Current version: 1.4

Pair Spread Indicator with recovery of missed bars

Indicators
Vladislav Ostashenkov
Version: 1.4
Activations: 5

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;
Histogram moving average;
Averaging parameters for the moving average: simple, exponential, smoothed, etc.
A negative coefficient of one of the tools will change the chart by the sum of prices: tool_1 + tool_2;
If one of the instruments has missed bars in the history, the indicator will automatically restore them from the average prices of neighboring bars;
Indication of preset levels on the histogram chart.

Indicator settings
*** Basic settings ***

name - Tool;
price weight coefficient - weight coefficient;
bar price option -
period - moving average parameter
shift - shift
averaging method - Averaging parameters for the moving average

*** Color Settings ***

0 - histogram of a positive column, color, width, style;
1 - histogram of a negative column, color, width, style;
2 - color of the moving average;
3 - color of a given level.

more...

Screenshot #1 Pair Spread Indicator with recovery of missed bars

Screenshot #2 Pair Spread Indicator with recovery of missed bars

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