OPEN-SOURCE SCRIPT

OBV + Momentum + DI+ Dashboard

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📊 Script Description: OBV + Momentum + DI+ Dashboard [Improved]
This custom TradingView indicator combines three powerful technical analysis tools—On-Balance Volume (OBV), Momentum (ROC), and Directional Movement Index (+DI)—into a single, easy-to-read dashboard.

🔍 Key Features:
✅ Buy & Sell Signals
Plots signals on the chart when multiple conditions align:

Buy Signal: Bullish candle + Rising OBV + Positive Momentum + Strong +DI

Sell Signal: Bearish candle + Falling OBV + Negative Momentum + Weak +DI

✅ Dashboard Panel (Top Center)
A real-time dashboard displays key market conditions:

Price Action (Bullish, Bearish, or Neutral)

OBV Trend (Rising, Falling, or Flat)

Momentum (Rising, Falling, or Flat)

+DI Strength (Strong, Weak, or Neutral)

✅ Visual Enhancements

Color-coded trends for quick interpretation.

Compact table view in the center top of the chart.

📈 Technical Indicators Used:
OBV (On-Balance Volume): Measures buying/selling pressure via volume.

Momentum (Rate of Change): Detects acceleration/deceleration in price movement.

+DI from DMI/ADX: Indicates the strength of the uptrend.

This tool is ideal for momentum traders, volume analysts, and those who prefer a confluence-based trading approach. Use it on any time frame or asset to help confirm entries and exits with greater confidence.

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