OmniTrader PairTrader module is now available 

We all know that securities in the same group tend to move together, but frequently some of these related stocks temporarily separate, only to come back into line a short time later.

The idea of pair trading is to profit from this temporary imbalance between the two related securities. It can be two Gold stocks, two Industrial Equipment stocks or any two correlated instruments. Once the pair is established, we simply look for deviations from that relationship, then profit from the imbalance.