Two Pairs Square Hedge Meter
TWO PAIRS SQUARE HEDGE METER INDICATOR
Try this brilliant 2 pairs square indicator
It draws a square wave of the relation between your two inputs symbols
when square wave indicates -1 then it is very great opportunity to SELL pair1 and BUY Pair2
when square wave indicates +1 then it is very great opportunity to BUY pair1 and SELL Pair2
the inputs are : 2 pairs of symbols
then index value : i use 20 for M30 charts ( you can try other values : 40/50 for M15 , : 30 for M30 , : 10 for H1 , : 300 for M1 .....)
starting points : numbers of bars for indicators drawn history : 100 ....1000
Alerts when indicator shift from -1 to 1 or from 1 to -1 (to end old positions and enters new opposite positions)
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