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The Spread Creator is a spread indicator, which allows you to create your own arbitrage spread or to splice (Add, Subtract, Multiply or Divide) any 3 instruments with each other.

The arbitrage spread can be used for arbitrage between multiple instruments or for creating your own indicator.

### Brief instruction

The indicator can be attached to any instrument (not necessarily on symbol_1, symbol_2 or symbol_3, but the most liquid of the three is preferred). The calculation period of the indicator will correspond to the chart it is attached to. The initialization of the initialization is based on the history data of symbol_1, symbol_2 and symbol_3. After that, the current Bid prices will be used in real-time calculation. The last point of the indicator is recalculated on every update of the chart the indicator is attached to. For clarity, it is drawn as a red horizontal line.

The indicator contains the following input parameters:

• symbol_1 = GBPUSD - the first trading instrument
• k_1 = 1 - coefficient for the first trading instrument
• operator_1 = multiply (Multiplication) - mathematical operator between the first and second instruments
• symbol_2 = EURGBP - the second trading instrument
• k_2 = 1 - coefficient for the second trading instrument
• operator_2 = difference (Subtraction) - mathematical operator before the third instrument
• symbol_3 = EURUSD - the third trading instrument
• k_3 = 1 - coefficient for the third trading instrument

In general, the resulting spread displayed by the indicator will be = symbol_1 * k_1 {operator_1} symbol_2 * k_2 {operator_2} symbol_3 * k_3

The input parameters shown in the example will result in spread = GBPUSD * EURGBP - EURUSD, which will display the deviation of GBPUSD * EURGBP from EURUSD. During strong upward deviations from 0, it is possible to gain profit by selling GBPUSD and EURGBP and buying EURUSD. And the opposite for a strong downward deviation from 0.

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Support and Resistance with Trendlines
Ammar Yaseen
This indicator would help you I DENTIFY different HORIZONTAL SUPPORT / RESISTANCE LEVELS AND TRENDLINES.  ADVANTAGES: Use up till 5 different levels of Support and Resistance Use up till 5 different trend lines  Use true/false options to display for Support/Resistance or Trend line Image PARAMETERS: nPeriod: the time period to decide  Limits: the candles limit to look back UseHorizontalLines: true/false option to display Horizontal Support and Resistance Lines UseTrendline: true/false opti
50 USD
Bitcoin Manager MT5
Denys Babiak
Description Bitcoin Manager is the best indicator for trading Bitcoin cryptocurrency. It is calculated based on the price deviation from the moving average line channel. Ascending and descending arrows indicate potential points and levels for opening buy and sell positions. How to use? We strongly recommend using this indicator on the H1 timeframe. An up arrow indicates a buy level. Down Arrow - Sell Level. Parameters Maximum History Bars - maximum count of history bars to calculate
50 USD
Shepherd Gann Squares MT5
Abdullah Alrai
This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of nine and square of 144 methods. Indicator has a panel, which allows you to: Move between SQ144 and SQ9 methods. Choose perfect style to trade on (Levels, Channel, Star, GannFan, Circles, and Grid for SQ9). Choose Angle/Time/Space (Square Of 9 Basics). View higher timeframes analysis on the current chart by using the frame method. Show/hide sq
100 USD
FX Trend MT5
Daniel Stein
You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
75 USD