I have a spread trading strategy.
Spread = Closes[2][0] - Closes[1][0];
I've created the above as an indicator. It tells me the spread between two instruments. Currently, when the spread goes out of wack, I buy/sell the underlying instruments. For example, if spread increased, I will buy instrument 1, and sell instrument 2 simultaneously. But this is a very manual process. I could automate this strategy with ease, but I am curious, If there is a way to create a instrument, where the values for the instruments are the underlying spread (Spread = Closes[2][0] - Closes[1][0] ). Then when I load that instrument (Spread = Closes[2][0] - Closes[1][0] ) on the chart, I can simply go long/short the spread, and as a result, NT automatically shorts & longs the underlying instruments. Essentially, is there a way to create custom baskets of instruments?
Thanks!
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