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The SpreadInfo indicator displays the movement of a synthetic instrument, which consists of several basic instruments.

The concept is very simple. A synthetic tool is being compiled, which is described by a simple formula (the parameter of the spread indicator).

The indicator plots a graph of this synthetic instrument and builds a regression channel based on this graph (see screenshots).

  • Make sure that all currency pairs specified in the indicator formula are present in the “Market Overview” window.
  • Make sure that the quotes of all pairs of the selected timeframe are loaded.
  • Drag the SpreadInfo indicator from the navigator to the chart and adjust the input parameters at your discretion.

  • The indicator is resource-intensive, so the barsCalculate parameter has been added. It is recommended to set its value to no more than 4000.
  • Trading style – depending on your strategy, it can be used for a breakdown of the regression channel or for a rebound.

  • spread – the actual “formula” describing the synthetic itself takes values in the form of a formula ([-EURUSD{0.02}][-GBPUSD{0.09}][ NZDUSD{1.02}]..[ AUDUSD{0.03}]), where ( |-) is the (BUY|SELL) symbol {lot}
  • postfix – for characters that have a “tail”, for example EURUSD.m, you must specify in this parameter.m
  • cDegree – curvature of the regression channel
  • cWidth – width of the regression channel
  • rcDaysBack – how many days to build a regression channel
  • cSmooth – smoothing of synthetic graphics
  • showComment – show comments on the chart, such as Spread, Required Collateral, Swap
  • startFrom – date/time of the start of the synthetic countdown
  • barsCalculate – the number of bars to calculate.
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