Spread Premium / Discount

[Tams 20]

Premium / Discount

 

 

description:

this indicator will plot the difference between 2 symbols

ie. spread, or premium/discount

 

direction:

create a chart with the primary symbol as data1

and secondary symbol as data2

 

 

chart by Tresor

 

 

 

 

note:

This indicator was written in MultiCharts

I have not tested it in TradeStation or other EasyLanguage compatible programs

For importing instructions, please see your software's users manual

TUMS premium discount.txt

Edited March 31, 2010 by Tams

[hunter1 10]

Thank you Tams. This is perfect.

[godog 10]

any chance anyone can make this for tradestation?

[Tams 20]

any chance anyone can make this for tradestation?

 

have you tried?

the code should work in TradeStation.

43

[BlowFish 10]

Could of swore you posted one like this before. Yeah I know....senile old dotard. Does it have a 'multiplier' (I have not downloaded it)? It occurs to me having an input that data2 is multiplied by before being compared with data1 might be useful. So for example if you wanted to do the spread between ES (data1) and YM (data2) you might use a multiplier of 0.1. Or you could put YM in data1 and ES in data2 and use 10.

 

This is speaking from the point of view of someone who is not using such an indicator so might me complete nonsense...I'll blame the senility again .