PZ Synthetic Chart MT4

Advantages of PZ Synthetic Chart MT4

The PZ Synthetic Chart MT4 indicator offers a range of benefits that empower traders to uncover hidden opportunities and optimize their trading strategies. Here are some key advantages:

• Discover Hidden Trading Opportunities: By plotting the price of one instrument against another, traders can identify unique trading setups that may be overlooked when analyzing instruments in isolation.
• Broader Perspective on Market Trends: This indicator provides a comprehensive view of how different commodities or financial instruments interact, enabling traders to make more informed decisions based on cross-relationships.
• Enhanced Trading in Correlated Markets: Trading commodities or correlated indices against each other becomes easier, allowing traders to take advantage of market dynamics and correlations.
• Flexibility and Creativity: The versatility of the PZ Synthetic Chart means that traders can experiment with various combinations of instruments, limited only by their imagination.
• Diverse Trading Combinations: Examples of synthetic charts include the price of Dow Jones in Gold Ounces, Oil in Silver Ounces, and Cattle in tonnes of Copper, providing endless possibilities for analysis and trading strategies.

To get started with the PZ Synthetic Chart MT4, ensure you run it on a white chart template or customize the indicator’s white buffers to black for optimal display.

If you are interested in learning more about installation, updates, or troubleshooting, you can refer to the following guides:

• Installation Guide
• Update Guide
• Troubleshooting
• FAQ
• All Products

Input Parameters

• 1st Symbol: Enter the native symbol of the chart to be plotted (e.g., XAUUSD).
• 2nd Symbol: Enter the reference symbol of the chart to be plotted (e.g., XAGUSD).

Author

Arturo Lopez Perez, a private investor and speculator, is the founder of Point Zero Trading Solutions and a skilled software engineer.