SpreadMatrix (@ES#)
Spread Matrix. This chart was uploaded by Investor/RT 12.7.7 showing symbol: @ES#.
Spread Matrix. This chart was uploaded by Investor/RT 12.7.7 showing symbol: @ES#.
The Spread Matrix RTX extension is designed to automatically compute the optimal number of contracts or shares for each component of a spread or pair. For example, the Spread Matrix may recommend trading 11 contracts of ES against 6 contracts of NQ when trading an ES-NQ pair in order to maintain a good balance between the 2 (or some multiple of the 11 and 6). The calculation takes into account the volatility, point value, and (optionally) exchange rate of each instrument.
The Spread Matrix RTX extension is designed to automatically compute the optimal number of contracts of shares for each component of a pair.