INVITE-ONLY SCRIPT
已更新 Normalized OBV with Smoothing Options
This script is designed to help traders identify potential long and short entry points using a midline cross strategy based on a Normalized On-Balance Volume (OBV) indicator.
🔹 How It Works
OBV measures volume flow: This indicator tracks whether volume is increasing on up or down moves to help confirm trend strength.
Normalization for consistency: Instead of raw OBV values, this script normalizes OBV over a customizable lookback period, making it easier to compare across different assets and timeframes.
Smoothing for clarity: Users can apply different smoothing methods (SMA, EMA, RMA, or TEMA) to filter out noise and make signals clearer.
⚡ Trading Signals
Midline Cross (50) → Primary Signal for Entries
When OBV crosses above 50, it suggests increasing bullish momentum → Potential Long Entry
When OBV crosses below 50, it signals increasing bearish momentum → Potential Short Entry
Extreme Zones for Confirmation
Above 70 (Overbought): Indicates potential exhaustion of buying pressure.
Below 30 (Oversold): Signals potential exhaustion of selling pressure.
🎯 Why Use This?
Helps identify momentum shifts early.
Works as an additional filter for trend confirmation.
Useful for day traders, swing traders, and algorithmic strategies.
🔹 How It Works
OBV measures volume flow: This indicator tracks whether volume is increasing on up or down moves to help confirm trend strength.
Normalization for consistency: Instead of raw OBV values, this script normalizes OBV over a customizable lookback period, making it easier to compare across different assets and timeframes.
Smoothing for clarity: Users can apply different smoothing methods (SMA, EMA, RMA, or TEMA) to filter out noise and make signals clearer.
⚡ Trading Signals
Midline Cross (50) → Primary Signal for Entries
When OBV crosses above 50, it suggests increasing bullish momentum → Potential Long Entry
When OBV crosses below 50, it signals increasing bearish momentum → Potential Short Entry
Extreme Zones for Confirmation
Above 70 (Overbought): Indicates potential exhaustion of buying pressure.
Below 30 (Oversold): Signals potential exhaustion of selling pressure.
🎯 Why Use This?
Helps identify momentum shifts early.
Works as an additional filter for trend confirmation.
Useful for day traders, swing traders, and algorithmic strategies.
發行說明
Removed some glitchy highlighting of overbought and oversold.Added a toggle to make indicator as if the chart was using Heikin-Ashi candles, or not.
Change default settings when adding to the chart to my preferred settings.
發行說明
Fixed some errors in the code.僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡Robpoll。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For access, join our membership here: https://www.patreon.com/c/robpoll/membership.
Once a member, send me your tradingview username.
For those already members, just message me on Patreon your tradingview username.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡Robpoll。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For access, join our membership here: https://www.patreon.com/c/robpoll/membership.
Once a member, send me your tradingview username.
For those already members, just message me on Patreon your tradingview username.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。