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.
- JPY pip correction
- Price Line
- Kagi, Does not work on Forex pairs!
- Western Bar
This script is a simple overlay for showing the spread of Market Maker brokers. Such as 1broker.com or trading212.com These brokers set the price higher than the actual price in the form of a spread. Often making it harder to trade due to the difference.
This overlay offers two views.
- A price line showing the difference.
- Candlesticks, either as an overlay or...
The Kovach Crypto Spread indicator calculates the spread in profit between Bitcoin and the leading Altcoins. The Altcoins are weighted by market cap and this script is update weekly so you constantly have the most relevant Altcoins and their coefficients in the indicator.
Values above zero indicate a net flow from Altcoins to Bitcoin and vice versa. Let's...
Hey all; I made this script for default usage on the 15 min chart for XAGUSD, try it out and tell me what you think.
It is similar to what the original user /u/MarcoValente published for his gold/silver spread script; however I have made some changes so this is usable for XAGUSD and utilizes my 'holy grail' method of basket weighting the USD (aka why the code is...
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...
Hawkeye Trend+Stops -- the tool that breathes with market condition
With Trend+Stops you get a true sense of the market trend rather than opinions from the financial media.
This powerful indicator tells you when a trend is commencing, in congestion and where the correct exit is. You’ll have the confidence to stay in a trend, a feat that proves difficult for most...
Relatively simple indicator to help you visualize your spreads with two white lines on the chart. You can input up to ten symbol-specific presets along with one other that will be applied to all unspecified symbols. "Spread Visualizer" will only be helpful for those trading with fixed spreads. So, if your broker uses variable spreads, do not use this...
WHAT MARKETS TO USE ON?
This indicator is for use on the Dow 30 e-mini (Symbol=YM1!). Specifically, the indicator was designed to be used for Nadex Wall St 30 spreads. It has not been tested on other markets, and therefore, I cannot recommend on anything other than YM1!.
HOW IT WORKS
The indicator is triggered when certain trend conditions exist, and there...
Distance Based Pair Trading Strategy (trading the spread)
In this strategy, we’ll trade the difference between the prices of the two instruments, aka the spread.
In the properties menu you can choose a distance metric, Spread by default, but it also can be Euclid, Manhattan, etc.