OPEN-SOURCE SCRIPT
On Balance Volume Deviation

The objective of this indicator is to be a leading indicator that can detect a large price change before it happens. It is based on the On Balance Volume (OBV) indicator, which is a leading indicator based on the premise that a large change in volume often precedes a large price change. This indicator charts the N-Period deviation of the OBV data and displays it as a histogram. This is overlayed on an area chart of the M-Period SMA of the histogram data. This combination helps to visually enhance the pattern that signifies that a jump in price is about to happen.
Useage:
Useage:
- When the histogram bars are above the area plot, then a jump in price is about to happen
- As with all leading indicators, there are a lot of false signals. Confirm with price action or another indicator
- The further the histogram bars are above the area plot, the larger the predicted jump in price
- It seems to work better on shorter intraday timeframes than on the longer timeframes
- At the close of a market session, it is a good indicator of how much the price will jump on the opening of the next market session.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。