This indicator plots any two securities as a spread ratio using either +,-,/, or *.
It also allows you to use a simple moving average of length 1 to n for your spread ratio.
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Simple Moving Average strategy for USO - United States Oil Fund . This strategy can be used on stocks and currencies but will need to tweak frequency on chart and backtest Max Draw Down to Net Profit ratios for maximum dollar gains.
This indicator shows the ratio between the DJIA and the price of gold. When the ratio is below 5 it is generally accepted that a rotation from commodities to equities should be investigated. When the ratio is above 30 it is, likewise, advised to consider rotating from equities to commodities.
This is a modest improvement of the script to mark the key thresholds...