OPEN-SOURCE SCRIPT
Arbitrage Synthetic Spread Chart v2
Powerful tool for analyzing market divergences and identifying arbitrage opportunities! It creates a synthetic spread chart between two assets, displaying it in a clear format and helping traders spot moments of maximum decorrelation.
How does it work?
The indicator takes the closing prices of two assets and calculates their difference (spread):
spread = price1 - price2
Then, it constructs a price channel based on the highest and lowest values of the spread over a given period:
-Upper boundary: The highest spread value over the period
- Lower boundary: The lowest spread value over the period
- Middle line: The average of the upper and lower boundaries
Additionally, the indicator calculates the **correlation** between the two assets, helping traders assess their relationship strength.
How to use it?
When the spread reaches the channel boundaries, it may indicate an abnormal divergence between the assets. This serves as a signal for arbitrage trading:
✅ At the upper boundary: Sell Asset 1 and buy Asset 2
✅ At the lower boundary: Buy Asset 1 and sell Asset 2
How does it work?
The indicator takes the closing prices of two assets and calculates their difference (spread):
spread = price1 - price2
Then, it constructs a price channel based on the highest and lowest values of the spread over a given period:
-Upper boundary: The highest spread value over the period
- Lower boundary: The lowest spread value over the period
- Middle line: The average of the upper and lower boundaries
Additionally, the indicator calculates the **correlation** between the two assets, helping traders assess their relationship strength.
How to use it?
When the spread reaches the channel boundaries, it may indicate an abnormal divergence between the assets. This serves as a signal for arbitrage trading:
✅ At the upper boundary: Sell Asset 1 and buy Asset 2
✅ At the lower boundary: Buy Asset 1 and sell Asset 2
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.