spreadonz — Indicator by dondonchanchan

Volatility

This indicator shows the spread between Dow Jones Industrial Average (US30USD) and Nikkei Stock Average(JP225USD).

The standard value of indicator is 1.000.
If the price of US30USD rises while JP225USD holds its price, more price of US30USD rises, more indicator value increases.

When value goes up to around ±0.2, spread is quite open.
We recommend a trade plan that anticipates the return of value.

For example, if value is 1.200, then US30USD is too high. In this case, sell US30USD and buy JP225USD.
When value starts to converge to 1.000, secure profit at any price.

This indicator has limited permissions. If you would like to use it, contact us via direct message.

Best regards.

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