Support Board

Date/Time: Tue, 14 May 2024 14:51:10 +0000

Post From: Question about the Difference Bar Indicator

[2016-06-15 18:04:40] Link To Thread - Link To Post [Go To First Post]
rwilliams1 - Posts: 339
I am doing a pair/correlation trade between two instruments. I have both chart trade windows for each instrument set so that the P&L is based on the bid/ask price so that I can get an accurate P&L for each. I am also using the Difference Bar, and the Difference OHLC indicators to chart the difference between the two instruments. I already read the instructions on creating a highly accurate spread chart, but for some reason the Difference indicator does not seem to be responding properly to fluctuations in price. I was curious if the Difference bar indicators are using the LAST price for its calculations instead of the bid/ask? I'm trying to troubleshoot why it is not moving in sync with the price fluctuations I am seeing. Thanks.