Spread Absolute

spread_abs

Function Name: spread_abs

Tags: None

Category: Spread

The Spread Absolute indicator compares the price of one contract with the price of another to obtain the spread between the two contracts. It is calculated as a difference between Close price of one contract and the Close price of another contract.

 

Link: http://www.investopedia.com/terms/s/spread.asp

 

Bases

Source1

Choose any symbol as the first base. By default, the first symbol that is shown on the chart is used.

Source2

Choose any symbol as the second base. By default, the second symbol that is shown on the chart is used.

If only one symbol is visible on the chart, you can choose a second symbol with Symbol Search by clicking on Other.