OBV Panel

OBV Panel – Volume-Based Price Prediction & Signal Dashboard
Powered by Pine Script v6

🔍 Overview
This multi-functional indicator is designed around the On-Balance Volume (OBV) concept, enhancing it with prediction models, trend tracking, and actionable buy/sell signals. It uses a combination of real-time OBV movement, smoothed OBV with EMA, and linear regression-based OBV forecasts to deliver both intraday and weekly insights — all neatly displayed in a table panel and directly plotted on your chart.

⚙️ Core Components
📌 1. OBV Core
OBV is calculated based on volume flowing into or out of a stock as price moves up or down.

Tracks raw OBV and its EMA (Exponential Moving Average) for smoother trend reading.

Computes a Predicted OBV using Linear Regression (ta.linreg) over a user-defined number of bars.

🔮 2. Predicted Price Forecast
Uses OBV percentage changes combined with a user-set sensitivity factor to project next day’s expected price.

Offers an AI-style price forecast based on OBV strength, not just price action.

💹 3. Buy/Sell Signal Logic
Daily Signals: Triggered when OBV, OBV EMA, and Predicted OBV all move upward or downward from the previous day.

Weekly Signals: Based on EMA changes over a 5-bar period (approx. 1 week).

Signal markers are drawn on the chart for visual reference.

📊 Table Panel (Top-Right Overlay)
A detailed visual panel shows:

Metric Description
OBV, OBV EMA, Predicted OBV From previous close to current value
OBV - Predicted OBV Difference In lakhs (scaled for readability)
% Change Stats Daily percentage change in OBV, EMA, and Predicted OBV
Weekly OBV EMA Change Actual & % change over 5 bars
Signal Summary BUY/SELL or HOLD based on logic
OBV Dominance Whether OBV > EMA and Predicted OBV
Predicted Price (Next Day) Based on OBV dynamics and sensitivity