Exactly. The only thing that matters is the value of the spread at important moments like at RTL, FTT's and point 3's. And it seems very useful again today. regards, Ivo
inputs: DataSeries1( Close of data1 ), DataSeries2( Close of data2 ), Offset(0) ; vars: IntraBarPersist diff(0), IntraBarPersist hiextreme(0), IntraBarPersist loextreme(0), IntrabarPersist Bar_Number(0); diff = DataSeries2 - DataSeries1 - Offset; if BarNumber <> Bar_Number then begin Bar_Number = BarNumber; hiextreme = 0 ; loextreme = 0 ; end; if diff > hiextreme then hiextreme = diff else if diff < loextreme then loextreme = diff; Plot1(diff, "Spread" ); plot2(hiextreme,"Hi"); plot3(loextreme,"Lo");
Chart for this morning. Very nice range. Trading was no problem at all. Took many points. I think the stretch / squeeze was just what I needed. It definately makes things easier for me. Regards, Ivo