Maybe this script can help you . It trades an pair of ETFs or stocks depending
on signals created from a spread curve. Sure you can modify LongCond and
ShortCond the way you want to create the signal.
Regards
mmike
Ticker1 = "ETFa";
Ticker2 = "ETFb";
spread = Foreign( Ticker1, "C") / Foreign( Ticker2, "C");
Plot( spread, "spread", colorRed, styleOwnScale);
LongCond=Cross(spread, EMA(spread, 10) );
ShortCond=Cross( EMA(spread, 10), spread );
if (Name()== Ticker1)
{
Buy=LongCond;
Sell=ShortCond;
Short=Sell; Cover=Buy;
}
else if (Name()==Ticker2)
{
Buy=ShortCond;
Sell=LongCond;
Short=Sell; Cover=Buy;
}
PositionSize = -25;
--- In [email protected], "bistrader" <bistra...@...> wrote:
>
> Would like to trade one ETFa when signal on a Buy and ETFb when same signal
> on a Sell. Is there a productive way to do this?
>
> I know a sloppy way of doing this but it takes too much maintenance and time.
> It is:
>
> 1. Place ETFb in a watchlist and point to this watchlist via AA Filter.
> 2. Add following to afl.
> if (Name() == "ETFb")
> {
> tmp = Buy;
> Buy = Sell;
> Sell = tmp;
> }
>
> As you can see, not really straight forward or productive. Comments and/or
> other ways?
>
> ...
>
