| A Tutorial titled "Pairs Trading, Creating Spreads Using
Custom Instruments" can be found at:
www.linnsoft.com/tutorials/pairsTrading.htm
Custom Instruments are the most common and complete way of creating
spreads or pairs, although it can also be accomplished to some degree
with a Custom Indicator with syntax such as:
CL(MSFT) - CL(AAPL)
which would result in an indicator which represented the difference
between the prices of MSFT and AAPL. However, the custom indicator
method does not give you the complete bar including open, high, and low,
and custom instruments can be used in the same ways that any
symbol/instrument is used (can be added to quotepages, can have
technical indicators applied to them, etc).
You can also find information on Custom Instruments in the Tour
section at:
www.linnsoft.com/tour/customInstruments.htm |