10 page long manual is avaiable for Pair Trading Station.

Please request it when you purchase it.

Kind regards.

Overview section is not sufficient to tell what is this Pair Trading Station is about. Here is more accurate description of Pair Trading Station.

Main Feature of Pair Trading Station

1.  Cover the blind area coming from Technical indicator and Price Action Trading - The Pair Trading Station uses established economic theory and it covers more of fundamental part of your trading (Therefore, we recommend Pair Trading Station to more serious traders who already possessed good knowledge in technical indicator trading and Price Action Trading.)

2. Real Time Signal Scanning and ranking the signals for all currency pairs helps you to spot the easiest currency pairs to trade at that time.  (We have tested up to 70 currency pairs for the functionality of Pair Trading Station.)

3. Convenient way of intermarket analysis with few button clicks

4. Fully automatic calculation and signal generating capability

5. Research and strategy development capability for chosen currency pairs by displaying their historical spread and historical price series in the same charts

6. Signal aggregation and Improvement in your profitability

7. Index search and Name search (name of currency pairs) to find out the current market state for your favourite pairs

Many traders ask about what time frame it is best for Pair Trading Station.

Pair Trading Station manuals here.

Hope this is very useful for your profitable trading.

Hi, 

Can this Pair Trading Station be used for CFD tradings?

I would like to arbitrage the spread among Forex, Oil, Stock index and Gold. 

thanks,

toyoda 

Yes, you can. You can use it for unlimited number of brokers.

Hi.

Please check the spread. Wider the spread, it is likely that the spread will be reduced again.

Pair trading is powerful when you buy and sell in pairs. That is why it is called pair trading.

So your

first consideration is how wide the spread is.

second consideration is how many pairs are agreeing the strength and weakness of a particular currency.

You have to take both into consideration. Pair trading is used by many investment banking professionals.

Here is a good introductory tutorials.

https://www.investopedia.com/university/guide-pairs-trading/

Also you can use with our Correlation Insight Heat Map to support your trading decision.

You can run it for free.

http://algotrading-investment.com/download/79991/

Pair Trading is an established method between professional trader. Check this link:

https://en.wikipedia.org/wiki/Pairs_trade

The pair trading was pioneered by Gerry Bamberger and later led by Nunzio Tartaglia’s quantitative group at Morgan Stanley (world the biggest investment bank) in the 1980s

Since this professional method, you will need to cover some basis before using them.

To my knowledge, Pair trading is definitely harder to learn comparing to other technical indicator like MACD or RSI.

Especially if you have a weak understanding on correlation and market beta hedging, it is more so.

But we have some fund managers and professional trader using our Pair Trading Station exclusively for their trading.

You can use Correlation Insight Heat Map to gauge the overall market direction (Correlation Heat Map will print either Bull or Bear for overall market).

Then try to combine your analysis with Pair Trading Together. That is probably little easier way to do.

http://algotrading-investment.com/download/79991/

Although there is more variation of using pair trading, start with easier one. then move to harder one later.

Two good references to read.

https://www.investopedia.com/university/guide-pairs-trading/

http://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/

Pair Trading Station New Features coming soon

So we have been talking about the new update for our Pair Trading Station. Then what is exactly new? Ok. here is some clue. We will be providing free analytical suite for our Pair Trading Station Customers. This free analytical suite will be working together with Pair Trading station. It will help you to do sort each signal by strength and by the symbols. You will be able to search the signal you are looking for. We even added the absolute value of spread of pairs. So you can sort signal by their strength.

Adding so many of these features are beyond the capability of MetaTrader. Therefore, we provide this free analytical suite for our customer.

We really hope you to enjoy the professional trading system from us. New update will be with you pretty soon with free analytical suite.

http://algotrading-investment.com

https://www.mql5.com/en/users/financeengineer/seller#products

Pair Trading Spread Analyser

In version 6.5, Pair Trading station can work together with Pair Trading Spread Analyser. Pair Trading Spread Analyser is free and supportive tool for our Pair Trading Station Customer. Therefore, Pair Trading Spread Analyser will work when you have the Pair Trading Station installed in your computer. Below is the download link for the free Pair Trading Spread Analyser.

http://algotrading-investment.com/FreeDownload/PairTradingSpreadAnalyzer.zip

How to use Pair Trading Spread Analyzer is simple as ABC.

1. Firstly, run our Pair Trading station in your MetaTrader (any between MT4 and MT5) as usual.

2. After you have attached Pair Trading Station, in your chart, click on Analyzer Pair button to start Pair Trading Station.

3. Then copy and paste your MetaTrader File Path to Pair Trading Spread Analyzer. The MetaTrader file path look like this:

……\Terminal\0A89B723E9501DAD3F2D5CB4F27EBDAB\MQL4\Files

4. Once this path is pasted on the Spread Analyzer, Click “Start” button.

5. That is it. You will start to see spread for each currency pairs. You can now use this signal for your trading.

Please note that Pair Trading Station is standalone trading system. Therefore, you can make the trading decision with Pair Trading Station alone too. If you feel enough with Pair Trading Station alone, then you do not need to use the Pair Trading Spread Analyzer. Pair Trading Spread Analyzer is only extra for your convenience.

From my experience, using Pair Trading Spread Analyzer, you can use the powerful sorting and searching features to identify the weak and strong currency pairs to trade. This might be not too significant. However, when you have a lot of rows in your Pair Trading Station, then you will really appreciate this sorting and search features, which helps to quickly identify important trading signals.

Important note about Pair Trading Spread Analyzer

For the Pair Trading Spread Analyzer to run, you must run Pair Trading Station in your MetaTrader first. For starter with pair trading, we recommend to use the spread around 4 for your trading (i.e. strong signal) until you get skilled with pair trading. Later you might use the insignficant spread for your trading too when you know what you are doing.

Two good references to read to trade with Pair Trading Station.

https://www.investopedia.com/university/guide-pairs-trading/

http://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/

Pair Trading Station is very unique trading system based on Statistical Arbritage trading principle. Below is the direct link to Pair Trading Station:

http://algotrading-investment.com/portfolio-item/pair-trading-station/

https://www.mql5.com/en/market/product/3303

https://www.mql5.com/en/market/product/3304

Pairs Trading Spread Analyzer New Version 1.6 Released

When you use Pair Trading Station, do not forget that you can also use Pairs Trading Spread Analzyer Together.

We have lately updated Pairs Trading Spread Analyzer to Version 1.6 with many new features added.

Please use the latest version for the maximum performance.

You can download Pairs Trading Spread Analyzer from the link below.

https://algotradinginvestment.wordpress.com/2018/08/27/pairs-trading-spread-analyzer/

Here are the links to our Pair Trading Station.

https://algotrading-investment.com/portfolio-item/pair-trading-station/

https://www.mql5.com/en/market/product/3303

https://www.mql5.com/en/market/product/3304

Pairs Trading Station Version 7.0 Released – 7 January 2019

Version 7.0 of Pairs Trading Station was released. Make sure to download the latest version for the best performance. In the latest version, we have added to the simple moving average in your spread analysis. Hope the moving average can help you with better market timing. Here is the download link to Pair Trading station version 7.0.

http://algotrading-investment.com/portfolio-item/pair-trading-station/

https://www.mql5.com/en/market/product/3303

https://www.mql5.com/en/market/product/3304

XAUUSD Spread Analysis-12 Feb 2019

Gold is probably good runner lately in bull group. When things are going up, this is not for granted or not without any consequence. It would make gold spread from rest. Spread analysis shows such concept. Gold is moving further away from other correlated symbols like EURUSD and GBPUSD. Having said that, the spread is not extreme yet. Intraday signal is still calm. However, I give you early warning because when we enter the next level of spread, we can start to have the effect pretty soon. You can gauge it with how XAUUSD is treating the PRZ levels marked for now. Later market would reveal more of direct price patterns.

Analysis was generated from Pair Trading Station + Harmonic Pattern Plus.

https://www.mql5.com/en/users/financeengineer/seller#products

https://algotrading-investment.com/

Using Spread Chart from the Pairs Trading Station in MetaTrader

From Pairs Trading Station in MetaTrader version, you can access the Spread Chart, which is mathematically processed to show the distance between two financial instruments (or between two assets).

You can access the Spread Chart by clicking << button or >> button  near the Spread button.

Here is the brief guide on how to interpret the Spread Chart. In this example, we use AUDUSD and XAUUSD as asset 1 and asset 2. The absolute magnitude of these two assets are compared in the normalized sense to compare apple to apple and pear to pear.  Two cases exist including the positive spread and negative spread.

In positive spread, AUDUSD (i.e. asset 1) is greater than XAUUSD (i.e. asset 2). Higher the positive spread means that AUDUSD is much greater than XAUUSD in the normalized sense.  If the positive spread is small, then the difference between AUDUSD and XAUUSD is also small.

In negative spread, AUDUSD (i.e. asset 2) is smaller than XAUUSD (i.e. asset 2). Higher the negative spread means that AUDUSD is much smaller than XAUUSD in the normalized sense. If the negative spread is small, then the  difference between AUDUSD and XAUUSD is also small.

Further you can access more detailed trading operation with below Pairs Trading Manual.

https://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/

To help you understand the spread chart, we also attach the screenshot.