Visual Equity-Curve Analysis for Spread and Pair Trading
Summary
The document describes an indicator intended to plot cumulative profit and loss for configured spread or equity positions as an equity line in a chart subwindow. Users set each active pair’s volume, direction, and activation state, can provide a symbol suffix, choose the drawing history depth, and optionally set an initial balance. The stated uses include visually assessing spread-trading performance, spotting entry and exit points for equity trades, and examining strategies that seek to flatten volatility.
The indicator calculates cumulative results across the configured positions, but its calculations omit spreads, commissions, and swaps. It also supports only a limited number of symbols, and the author notes that the implementation may have content or performance limitations. The text describes intended functionality rather than supplying comparative tests or evidence of profitability. Suggested additions such as channel indicators, a symbol dashboard, portfolio selection, and automated execution are future ideas, not capabilities established in the document.
Key ideas
- The indicator plots cumulative profit and loss for configured positions as an equity curve.
- Users specify active pairs, trade directions, volumes, and chart history settings.
- The stated applications include visual review of spread performance and equity trade timing.
- Spread, commission, and swap costs are excluded from the calculations.
- Symbol capacity is limited, and no profitability evidence is presented.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.