//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...
Got a little board due to the lock-down so I have written this little script.
It allows you to set PIP Bands at levels on the chart.
The Back Line is Close plus Spread, the Red Line is PIPs below and the Green Lines are spaced at PIPs above at equal distance.
The top four lines can be toggled off. Set off as default.
There is a toggle for JPY Currencies and...
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).
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...
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.
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...
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...
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 script is very much beta!
This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down...
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...
Simple indicator to see the spread between high and low, great to spot volatile moves. Put an exponential moving average of the spread in there too, adjustable to ones preferences.
This indicator was made to calculate and show the spread between the B3's Ibovespa Futures and B3's Ibovespa Index increased by the Interest until the contract expiration date.
The orange line "Arbitrage" is the spread.
Inputs:
Annual Interest Rate (%) -> Interest Rate that you want to be used to calculate the Interest of B3's IBOV Index.
Working Days Until...
This indicator is made to calculate and show the spread between the currency pair USD-BRL being negotiatied in Brasil's B3 and in USA's CME Globex.
The orange line "Arbitrage" is the spread.
The red/green line is the "Stop Loss" recommended for the strategy. If the line is green, it means that the reward/tisk ratio is above 1.
IMPORTANT: MAKE SURE TO BE USING THE...
