Spread

Description

This formula calculates the difference in price between two futures contracts.

Formula

spread(inst1,inst2)=begin

   sprd = inst1.recent - inst2.recent

   retval = Scale(sprd, SPREAD_SCALE)

end

Parameters

inst1

The first future's contract.

inst2

The second future's contract.

Return Value

A spread value

Examples

Spread(CL#,CL#1)

Comments

NA