Spread Creator
Spread Creator – is spread indicator that allows you to create your own arbitrage spread or glue (Add, Subtract, Multiply or divide) between a 3 any tool.
Arbitration can be used for arbitrage spread between several instruments or his compilation of the indicator, which will help to make trading decisions.
Short instructions
The indicator can be attached to any instrument (not necessarily on symbol_1, symbol_2 or symbol_3, but preferably on the most liquid of the three). The period of calculation of the indicator corresponds to the schedule to which it was attached. Starting initialization indicator is made based on historical data symbol_1, symbol_2 and symbol_3. Next, to calculate the current Bid price will be used in real time. The last point of the indicator is recalculated every time you update the schedule which is attached to the indicator and, for clarity, is drawn a red horizontal line.
The indicator contains the following input parameters:
 symbol_1 = GBPUSD – the first tool
 k_1 = 1 – the coefficient of the first tool
 operator_1 = multiply (Multiplication) – mathematical operator between first and second tools
 symbol_2 = EURGBP – the second tool
 k_2 = 1 – the coefficient of the second tool
 operator_2 = difference (Subtract) – mathematical operator before the third tool
 symbol_3 = EURUSD – third tool
 k_3 = 1 – when the third instrument factor
In general, the resultant spread, which will display the indicator = symbol_1 * k_1 {operator_1} symbol_2 * k_2 {operator_2} symbol_3 * k_3
As a result, the input parameters shown in the examples were constructed spread = GBPUSD * EURGBP – EURUSD , that will display a deviation GBPUSD * EURGBP from EURUSD. If large deviations from 0 up can earn by selling GBPUSD and EURGBP and buying EURUSD. Conversely for a strong deviation from 0 down.
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