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Spread Ratio

The Spread Ratio indicator allows you to view the ratio between the value of one instrument and another in order to operate with spread trading techniques.

In the image we can see an example of the Spread Ratio indicator on the Brent Oil and Crude Oil instruments. As we see from the image, the Spread Ratio indicator shows the trend of the ratio between these two instruments, allowing us to grasp the misalignments and realignments of the prices.


It is also possible to combine the Spread Ratio indicator with any other indicator on the Metatrader 4, such as  the Bollinger Bands, in order to better identify price misalignments and realignments.


Once applied to the graph, we can choose the denominator for the calculation of the indicator. For example, by applying the indicator to the Brent Oil chart and entering "LCrude" in the denominator parameter, we will obtain the spread between Brent Oil and Crude Oil(Brent/Crude).


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New Moon
Michele Massa
Neew Moon is a Forex Expert Advisor designed for  EUR/USD using a 5 minute timeframe . It was developed based on a statistical study of the forex market. Neew Moon   NOT  use Grid or Martingale. The purpose of New Moon is to last over time, not to stop working in 1 month. It carries out short-term operations to make a long-term profit. Small capitals can become big capitals over time , with a strategy made specifically for this. Tested with multiple spread levels, commissions included. The  ever
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Version 1.2 2022.01.10
Update bug fixed.
Version 1.1 2021.10.18
Display bug on the chart fixed.