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

[hunter1]

Thank you Tams. This is perfect.

[godog]

any chance anyone can make this for tradestation?

[Tams]

Originally Posted by godog »

any chance anyone can make this for tradestation?

have you tried?
the code should work in tradestation.

43

[BlowFish]

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 .