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
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.