VisaShort
Pairs Trading Strategy. Two instruments in one chart
We seek the development of a strategic chart indicator capable of visually concealing differentials between two financial instruments on a singular chart. Presently, we utilize a conventional approach whereby one instrument is opened and juxtaposed with another, resulting in the observation of two distinct lines. To enhance the efficacy of pairs trading, a hedge strategy entailing the purchase of one instrument and simultaneous sale of another correlated instrument, we endeavor to implement a more precise method wherein both instruments' disparities are represented as a singular line, candle chart, or similar graphical representation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.