PROTECTED SOURCE SCRIPT
Overlay Candles with Multiplier
Compare Price Movements Between Two Symbols Visually
This indicator overlays the price action of a secondary symbol on your current chart, allowing you to directly compare the relative movement of two instruments — for example, Gold (XAUUSD) and Silver (XAGUSD).
By applying a customizable multiplier to the overlayed symbol's price data, the indicator scales the second symbol to fit your chart, making it easier to visually identify correlations, divergences, or relative strength between the two assets.
You can choose between candle or line display styles for the overlay, and easily switch between two distinct color schemes for better clarity and personal preference.
Use Cases:
Compare precious metals like Gold and Silver side-by-side.
Visualize correlations between related forex pairs or indices.
Monitor relative price movement for pairs trading or spread strategies.
This indicator overlays the price action of a secondary symbol on your current chart, allowing you to directly compare the relative movement of two instruments — for example, Gold (XAUUSD) and Silver (XAGUSD).
By applying a customizable multiplier to the overlayed symbol's price data, the indicator scales the second symbol to fit your chart, making it easier to visually identify correlations, divergences, or relative strength between the two assets.
You can choose between candle or line display styles for the overlay, and easily switch between two distinct color schemes for better clarity and personal preference.
Use Cases:
Compare precious metals like Gold and Silver side-by-side.
Visualize correlations between related forex pairs or indices.
Monitor relative price movement for pairs trading or spread strategies.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.