this Tringle Arbitrage indicator visualizes the overlay of three currency pairs. i recommend using pairs that form a closed triangle, by way of example: EURUSD, GBPUSD, EURGBP. This permits you to implement trading strategies “Statistical arbitrage” and “publish trading”.
- Major_1 – title of the first significant currency pair (for example, EURUSD)
- Major_2 – name of the second major currency pair (for example, GBPUSD)
- Kross – name of the third currency pair – cross (for example, EURGBP)
- calc_period – period for mathematical calculations (recommended by 10 and higher)
- mirror_major_1 – set to true if Major_1 mirroring is demanded
- mirror_major_2 – set to true if Major_2 mirroring is required
- mirror_kross – set to true if you need to mirror Kross
Increasing the calc_period parameter reduces the noise level of the quote.
This is the first version of the indicator. Please write feedback and suggestions for expanding features and functionality. I will definitely make a revision.