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DeltaID5 R006 LongAndShort

The LondAndShort indicator is suited to calculate the resulting division or the difference between the closing price of two symbols.

The indicator must be placed on a chart, where it's symbol is automatically considered as "Symbol 1". The second symbol (Symbol 2) must be chosen as an input. In case Symbol 2 is not present on MetaTrader's MarketWatch, an error message will appear on the "Experts" tab of the terminal.

There are 4 calculation modes:

  • Factor: it's the resulting division between the closing prices of symbol 1 and symbol 2 ( Symbol 1 / Symbol 2 
  • Inverted_Factor: it's the resulting division between the closing prices of symbol 2 and symbol 1 ( Symbol 2 / Symbol 1 
  • Difference: it's the difference between the closing prices of symbol 1 and symbol 2 ( Symbol 1 - Symbol 2 
  • Inverted_Difference: it's the difference between the closing prices of symbol 2 and symbol 1 ( Symbol 2 - Symbol 1 

Other indicator features are:

  • Automatic synchronization of prices
  • Automatic language check (Portuguese or English) 
  • Automatic verification for trade-disabled symbols
  • Automatic verification of equal symbols (symbol 1 equal to symbol 2) 
  • Information panel on the indicator's subwindow, where the calculation type is indicated
  • Automatic adjustment of the information panel, not only on it's width, but also on it's centralized vertical position on the indicator's subwindow 
  • All indicator colors are customizable
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