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Tams

Spread Premium / Discount

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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

attachment.php?attachmentid=20419&stc=1&d=1269993431

 

 

attachment.php?attachmentid=20422&stc=1&d=1269994768

 

 

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

5aa70ff26d34f_tumspremiumdiscount.jpg.1a23fd98fb1d48e25016837405eba183.jpg

5aa70ff27d793_formatstudy.jpg.5b57837c879082e49a6a4651b2ab6d94.jpg

Edited by Tams

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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 :).

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