PROTECTED SOURCE SCRIPT
Price Difference Between Two Correlated Symbols

//version=5
indicator("Price Difference Between Two Symbols", overlay=true)
// === User Inputs ===
symbol1 = input.symbol("Pepperstone:US500", "Symbol 1")
symbol2 = input.symbol("CME_MINI:ES1!", "Symbol 2")
tf = input.timeframe("", "Resolution (leave blank to use chart TF)")
// === Price Feeds ===
price1 = request.security(symbol1, tf == "" ? timeframe.period : tf, close)
price2 = request.security(symbol2, tf == "" ? timeframe.period : tf, close)
// === Difference Calculation ===
difference = price1 - price2
// === Plotting ===
plot(difference, title="Price Difference", color=color.new(color.teal, 0), linewidth=2)
hline(0, "Zero Line", color=color.gray, linestyle=hline.style_dotted)
// === Debug Info (Optional) ===
// label.new(bar_index, na, text="Price1: " + str.tostring(price1) + "\nPrice2: " + str.tostring(price2), style=label.style_label_left, yloc=yloc.abovebar)
indicator("Price Difference Between Two Symbols", overlay=true)
// === User Inputs ===
symbol1 = input.symbol("Pepperstone:US500", "Symbol 1")
symbol2 = input.symbol("CME_MINI:ES1!", "Symbol 2")
tf = input.timeframe("", "Resolution (leave blank to use chart TF)")
// === Price Feeds ===
price1 = request.security(symbol1, tf == "" ? timeframe.period : tf, close)
price2 = request.security(symbol2, tf == "" ? timeframe.period : tf, close)
// === Difference Calculation ===
difference = price1 - price2
// === Plotting ===
plot(difference, title="Price Difference", color=color.new(color.teal, 0), linewidth=2)
hline(0, "Zero Line", color=color.gray, linestyle=hline.style_dotted)
// === Debug Info (Optional) ===
// label.new(bar_index, na, text="Price1: " + str.tostring(price1) + "\nPrice2: " + str.tostring(price2), style=label.style_label_left, yloc=yloc.abovebar)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.