LS Yield Histogram Pair Trading

Caicai L&S Yield Histogram

🔥 Important Notice: This indicator is an integral tool of the automated EA Caicai Long and Short Pair Trading. If you are looking for the complete automation solution for this strategy, visit the EA page!

This indicator visually displays the percentage deviation (Yield %) of a pair's current spread relative to its own historical mean. It is excellent for quickly visualizing the gross financial potential of a market distortion.

Key Features:

  • Percentage Visualization: Easily understand the size of the distortion in palpable percentage terms.
  • Multiple Strategies: Supports spread calculations based on Simple Ratio or OLS Log.
  • Dynamic Coloring: Automatically colors the histogram bars (blue for positive yields above the mean, red for negative yields) for instant visual feedback.
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