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Spread - 4 Chart
This study uses 4 charts and creates a price bar graph. The formula is: (Chart 1 - Chart 2) - (Chart 3 - Chart 4).
The study supports a Chart # Multiplier Input for each chart to apply greater or less weighting to a particular chart. The multiplier can also be used to multiply the chart by -1 in order to perform an addition instead of a subtraction of that particular chart.
Refer to the Multiple Chart Studies section for instructions for this type of study and the available study Inputs.
*Last modified Friday, 21st April, 2017.