This is a straightforward modification of LazyBear's CCI-coded OBV indicator with the following changes:
1) uses log-hl2 as source, which seems to be a more stable indicator of price change than close
2) adds optional price smoothing
mod of lazy bear's OBV coded CCI, which indicates CCI state by changing the color of the OBV. now it shows you when CCI is overbought or oversold, not just one or the other
when CCI > 100, that's an oversold signal and OBV line turns green
when CCO -0.54% < -100, that's an undersold signal and OBV line turns red
CCI threshold can be changed (ex. 200 and...
Cryptohopper is an automated trading platform where you can automate your strategy based on technical indicators and candlestick patterns. OBV is one the indicators that you can automate with Cryptohopper.
How can you automate it? OBV gives a Buy signal when the OBV value crosses up its moving average (default: EMA) and a Sell signal when it crosses down its...
This ones useful for spotting divergence on OBV, and also includes CCI to show overbought and oversold areas in the volume. I've coloured the OBV bar with the CCI levels. Look for divergence (best results on 5min chart I believe) with this and you can spot where to sell if a second peak is not supported by volume, also shows where the big guns are dumping lots of...
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score.
OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow.
if (Current Price > Previous Price)
then Current OBV = Previous OBV + Current Volume
if (Current Price < Previous Price)
IDEA is to easily spot the length of a calm periods based on OBV.
Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely)
METHOD: variance of OBV
ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.)
Period shall be adjusted to the market.
PERSONAL: I also use it to evaluate...
General Market sentiment decoded from two Lazybear OBV's and a CCI.
Lots of strategies with this.
Main point is this indicator tries to be extra sensitive to relative volume changes but keep grounded in sentiment with the cci.
Let me know if you use this!
Not sure where I originally got this (somewhere off Tradingview several years ago, thanks to the person who shared), just publishing because of a request.
This is basically a stochastic OBV movement indicator. It is good to work with both price and volume. I've updated to be able to display either as positive only, or both sides (50/-50), also included an invert...
OBV that should reset on a daily session break. Looks neat when you scroll out all the way. Good use remains to be found; I believe this could be a useful reference for a more fleshed out idea for 'local zone' OBVs. Maybe comparing previous sessions' daily OBVs to current.
My premium indicators are available for monthly lease at www.tradingview.com
I previously published a simple OBV that allowed you to manually apply a different security to the one you are charting as the volume plot. However, this script will automatically apply the correct volume data to whatever forex pair you are viewing without...
Web sitemizden en iyi kullanıcı deneyimini elde ettiğinizden emin olmak için çerezler kullanılmaktadır. Çerezlerin nasıl kontrol edileceği gibi bilgiler de dahil olmak üzere çerezler hakkında daha fazla bilgi almak için Çerezler Politikası sayfasını okuyabilirsiniz..