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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 ‚Äď title of the first significant currency pair (for example, EURUSD)
  • Major_2 ‚Äď name of the second major currency pair (for example, GBPUSD)
  • Kross ‚Äď name of the third currency pair ‚Äď cross (for example, EURGBP)
  • calc_period ‚Äď 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.

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Published

14 December 2016

Updated

Current Version

2.2

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