The PipTick Pairs Spread indicator uses a popular strategy known as” pair trading”, spread trading, or statistical arbitrage. The indicator measures the distance (spread) between the prices of positively correlated instruments and shows the result as a curve with standard deviations. As a result, any trader can easily identify when the instruments are too far apart and use this information to trade.

The best results are achieved when the trade is opened approximately between the second and third standard deviation.

• The indicator is located between standard deviations 2 and 3-sell pair 1 and buy pair 2
• The indicator is located between the standard deviations of -2 and -3-buy pair 1, sell pair 2

• EURUSD vs GBPUSD
• EURUSD vs NZDUSD
• USDCHF vs. USDJPY
• AUDUSD vs GBPUSD
• AUDUSD vs EURUSD

• The indicator shows deviations from the normal position
• Simple comparison of the real ratio between two currency pairs
• To enter the market, the zones of the second and third standard deviations are used
• Works on any timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN)
• The indicator does not redraw
• History testing (configurable history period)
• Configurable parameters (color, line thickness, deviation period…)
• Very fast calculations
• The indicator also works with prefixes and suffixes (EURUSD. m, EURUSD-pro…)
• Designed for MT4 and MT5

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• Pair_1 – Name of the first pair
• Pair_2 – Name of the second pair
• Bars_Ago – The number of bars displayed by the indicator. If the Bars_Ago parameter is set to 0, all bars will be displayed on the chart
• Dev_Period – Deviation period for calculation
• Text_Size – The size of the labels of other currencies
• Line_Thickness – The thickness of the graph line
• Line_Color – Color of the pair spread line

• Spread – Output spread values

For more information, visit the PipTick Pairs Spread page.

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