OPEN-SOURCE SCRIPT
Pairs trading[Maxxxz7]
Pairs Trading [Maxxxz7]
This script is designed to analyze and visualize the divergence or convergence of two selected financial instruments, making it an excellent tool for implementing a pairs trading strategy. Developed for the TradingView platform, it offers extensive customization options for analysis.
Key Features:
Asset Selection:
The first asset can be taken directly from the chart or specified manually.
The second asset is always selected manually.
Data Normalization:
Calculates the percentage change of both assets relative to their initial prices.
Includes an offset for better visual interpretation.
Visualization:
Plots normalized price charts for both assets.
Highlights crossovers between the assets.
Displays the spread (difference between normalized prices) graphically.
Alerts (Works only on the 30-minute timeframe):
Configurable thresholds to trigger alerts (e.g., when the difference is smaller or larger than a set value).
Alerts for crossovers of prices and exponential moving averages (EMA).
Dynamic Labels:
Automatically adds labels to mark key events: crossovers, critical spread values, and current price information.
EMA and Deviation Analysis:
Calculates EMA for each asset.
Alerts for EMA crossovers.
This script is designed to analyze and visualize the divergence or convergence of two selected financial instruments, making it an excellent tool for implementing a pairs trading strategy. Developed for the TradingView platform, it offers extensive customization options for analysis.
Key Features:
Asset Selection:
The first asset can be taken directly from the chart or specified manually.
The second asset is always selected manually.
Data Normalization:
Calculates the percentage change of both assets relative to their initial prices.
Includes an offset for better visual interpretation.
Visualization:
Plots normalized price charts for both assets.
Highlights crossovers between the assets.
Displays the spread (difference between normalized prices) graphically.
Alerts (Works only on the 30-minute timeframe):
Configurable thresholds to trigger alerts (e.g., when the difference is smaller or larger than a set value).
Alerts for crossovers of prices and exponential moving averages (EMA).
Dynamic Labels:
Automatically adds labels to mark key events: crossovers, critical spread values, and current price information.
EMA and Deviation Analysis:
Calculates EMA for each asset.
Alerts for EMA crossovers.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının yazarı komut dosyasını açık kaynak olarak yayınlamıştır, böylece yatırımcılar betiği anlayabilir ve doğrulayabilir. Yazar çok yaşa! Ücretsiz olarak kullanabilirsiniz, ancak bu kodun yayında yeniden kullanımı Ev kurallarına tabidir. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.