can you please explain us how your indicator works? is it based on the basket price movement or on the highs and lows? does it repaint the history?

Indicators development for T101's not very simple method

Can someone write mt4 indicator based on the formulas Andrew_e posted?

Hedge and Correlation Strategy

It was not about your indicator. Have not tried it yet. are you sure the value will return to zero?

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when you are counting the spread from a static time point you will see only two parallel line that will never cross may be we should investigate the cointegration methods? But i think it's useless as well... it's good only on a static history. ...

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are you looking for the gaps on a history data? i frankly believe the overlay charts lie. and think that we should look for a entry points somehow other way.

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one of the problem we have trading this way is that the overlay chart you are looking at redraws because it based on the highs and lows (on the history it looks very good). But if we measure the two charts, for example EURUSD GBPUSD from a static ...

Hedge and Correlation Strategy