INVITE-ONLY SCRIPT
[KG] FCPO Spread

*** Released Version 79 ***
------ INTRODUCTION ------
Spread trading where a trader buys one futures contract and sells another contract simultaneously.
Spread trading is popular because it is less risky when compared to outright futures trading. And since it is less risky, spread trading tends to have lower margin requirements.
------ DESCRIPTION ------
This indicator, FCPO Spread, is calculating the spread value of 2 FUTURE CONTRACTS and construct new candles based on Open, Close, High and Low of 2 contracts.
Moving Average were drawn based on spread value.
There's Spread Information at BOTTOM right of the chart which contain the following info.
------ ICONS ------
🚀 triggered when Bullish MA lineup, i.e Fast MA is above Slow MA (Default MA period 5,9,13,20).
LONG is TURTLE Buy signal when spread closes above Turtle Resistant.
💥triggers when Bearish MA lineup i.e Fast MA is below Slow MA (Default MA period 20,13,9,5)..
SHORT is TURTLE Sell signal when spread closes below Turtle Support
Note : Closing price varies depend on chooses timeframe
------ USAGE ------
------ INTRODUCTION ------
Spread trading where a trader buys one futures contract and sells another contract simultaneously.
Spread trading is popular because it is less risky when compared to outright futures trading. And since it is less risky, spread trading tends to have lower margin requirements.
------ DESCRIPTION ------
This indicator, FCPO Spread, is calculating the spread value of 2 FUTURE CONTRACTS and construct new candles based on Open, Close, High and Low of 2 contracts.
Moving Average were drawn based on spread value.
There's Spread Information at BOTTOM right of the chart which contain the following info.
- Spread Contract Timeframe [in Minutes]
- Future Contracts Symbols for Spread calculation
- Close = Spread/Difference of the 2 contracts.
- Long Risk = Differences of Current level to SUPPORT
- Short Risk = Differences of Current level to RESISTANT
------ ICONS ------
🚀 triggered when Bullish MA lineup, i.e Fast MA is above Slow MA (Default MA period 5,9,13,20).
LONG is TURTLE Buy signal when spread closes above Turtle Resistant.
💥triggers when Bearish MA lineup i.e Fast MA is below Slow MA (Default MA period 20,13,9,5)..
SHORT is TURTLE Sell signal when spread closes below Turtle Support
Note : Closing price varies depend on chooses timeframe
------ USAGE ------
- LONG when L signal appear. L signal will appear when the spread breaks and closing above Turtle Resistant.
Turtle Resistant is calculated based on previous N candles high where N value (Default 5) is configurable in the setting.
It is better to LONG during uptrend i.e Bullish MA Lineup (represented by 🚀 icon) - SHORT when S signal appear. S signal will appear when the spread breaks and closing below Turtle Support.
Turtle Support is calculated based on previous N candles low where N value (Default 5) is configurable in the setting.
It is better to SHORT during downtrend i.e BEARISH MA Lineup (represented by 💥 icon)
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只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡kgiap123。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
This indicator is protected. Please contact me privately to request for access.
After subscription, this indicator will appear under "Invite-Only Script" section
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡kgiap123。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
This indicator is protected. Please contact me privately to request for access.
After subscription, this indicator will appear under "Invite-Only Script" section
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。