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...
Includes logarithmic and linear plotting of price spread (high-low). See comments for more information. Thanks to @GravitasProblem for the inspiration.
Relative Spread Strength indicator script. This indicator was originally developed by Ian Copsey (Stocks & Commodities V. 24:10 (16-23): Forex Focus).
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.
EMA Spread Oscillator Quickly see past levels where diff maxed out. Momentum and price can only keep going up for so long. This obviously differs per underlying asset. So that is where this oscillator comes in handy. Of course you can see on the chart how far apart the moving averages are, but it is easier to spot on an oscillator.
Simple spread between two tickers. Click format to set inputs for tickers. ex: "COINBASE:BTC:USD"
I had hard time to find a simple script to show EMA and SMA spread. Bonus add for PT users :) Set "buy_value" as you have in PAIRS.properties to show you when your buys will become potential.
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...
Simple Oscillator showing Price relative to a 200-Day SMA and 200-Day EMA
It selects the min/max price for btc/usd from a set of exchanges and shows them on the chart. It is possible to add or remove exchanges by editing the source code
This indicator plots any two securities as a spread ratio using either +,-,/, or *. It also allows you to use a simple moving average of length 1 to n for your spread ratio. If you know what you want to do but don't know how to code it, we can work it out, you can float me some cheese on paypal and I'll do a nice job. This indicator is yours for free. Tarzan =...