Volume indicator judging level of volume per bar accordingly to Volume Spread Analysis rules. It allows either to set static volume levels or dynamic ones based on ratio comparable to Moving Average. Bars are coloured based on ratio or static levels, visually presenting level of Volume (low, average, high, ultra high).
Measures spread of the candle, useful especially for Volume Spread Analysis (VSA) and to measure trend strength. Spread is coloured based on level comparable to Moving Average.
//Every spread & central tendency measure in 1 script with comfortable visualization, including scrips's status line.
Spread measures:
- Standard deviation (for most cases);
- Average deviation (if there are extreme values);
- GstDev - Geometric Standard Deviation (exclusively for Geometric Mean);
- HstDev - Harmonic Deviation (exclusively for Harmonic...
This script implements a rebrushed distance-based pair trading strategy. In this strategy, normally they trade the difference between the prices of two instruments. This difference is also called spread. Here, however we’ll trade the difference between two time frames of one instrument. And that's the main trick. Common procedure consists of the following...
Note: Pardon for a busy chart. It really is irrelevant for this indicator. Just look at the bottom part of the chart for the indicator (SpAn).
This script is meant to add objectivity to the estimation of spread in VSA. This is best used with a similar volume indicator that measures volume in the same fashion, but a simple rule of "higher/lower than the...
Correlation Based Pair Trading Strategy (Trading the spread)
There are three popular styles of Pair trading:
* Distance based pair trading
* Correlation based pair trading
* Cointegration based pair trading
The correlation based strategy is to short the outperforming instrument and go long on the underperforming one
whenever the temporary correlation weakens...
This is for displaying a price line showing the spread difference of brokers such as 1broker.com or trading212.com where price is different than actual price. It may also be used as an ask line or to provide an additional alternate chart.
Version 2.1:
- JPY pip correction
- Price Line
- Area
- Kagi, Does not work on Forex pairs!
- Western Bar
- Candlesticks
-...
This is the 3-month Libor minus effective federal funds rate. Traders watch certain spreads for a wider spread to indicate a bad economy.
This is a conceptual indicator that tries to make sense of how important a FRA-OIS spread can be, in this case the Libor-EFFR. It may be completely wrong in calculation and understanding...
This script is used to aggregate the bitcoin spread on futures contracts on different platforms.
It works by averaging the for every selected exchange, and apply an EMA of .
It is supporting
Binance (USD / USDT)
Okex
FTX
Huobi
Deribit
Ascendex
CME (BTC1!)
This indicator shows the percent change between the highs and the lows (or optionally the open and close) of each candle. You may also set a low and a high percent threshold to better highlight the candles that exceed your desired spread percent. Red signifies low spread, green is high spread - these are unrelated to the color of the candle body. There is also the...
Includes logarithmic and linear plotting of price spread (high-low).
See comments for more information.
Thanks to @GravitasProblem for the inspiration.
This is for displaying a price line showing the spread difference of brokers such as 1broker.com or trading212.com where price is different than actual price. It may also be used as an ask line.
Version 2 is well featured with a toggle for JPY pairs. As well as 5 different traditional charts: Candlesticks, Heikenashi, Renko, Western Bar, Area.
If you like this...
This is for displaying a price line showing the spread difference of brokers such as 1broker.com or trading212.com where price is different than actual price. It may also be used as an ask line or to provide an additional alternate chart.
Version 2.1:
- JPY pip correction
- Price Line
- Area
- Kagi, Does not work on Forex pairs!
- Western Bar
- Candlesticks
-...
