SpreadInfo displays the movement of synthetic instrument consisting of a few basic ones.

The concept is very simple. A synthetic instrument is created. It can be described using a simple equation (spread indicator parameter).

The indicator plots a chart of the synthetic instrument and builds a regression channel based on it (see the screenshots).

How to use

• Make sure that all symbols specified in the indicator equation are present in the Market Watch window.
• Make sure that quotes of all symbols of a selected timeframe are loaded.
• Drag SpreadInfo indicator from the Navigator unto the chart and edit input parameters as appropriate.

Recommendations

• The indicator is resource-consuming, thus it features barsCalculate parameter. It is recommended not to set its value over 4000.
• Trading style depends on your strategy - you can wait either for a breakout or a roll-back from a regression channel.

Inputs

• spread - equation describing the synthetic instrument. It has the following look: ([-EURUSD{0.02}][-GBPUSD{0.09}][+NZDUSD{1.02}]..[+AUDUSD{0.03}]), where (+|-) means (BUY|SELL) {lot} symbol
• postfix - for symbols having a "tail". For example, in case of EURUSD.m, you should put .m here
• cDegree - regression channel curvature
• cWidth - regression channel width
• rcDaysBack - number of days, within which the regression channel is plotted
• cSmooth - synthetic chart smoothing
• showComment - display a comment on a chart, like Spread, Margin, Swap
• startFrom - synthetic start point date/time
• barsCalculate - number of bars for calculation.