obvoscillator

farkasszilard

Introducing an Enhanced Version of the Classic OBV Indicator The On-Balance Volume (OBV) indicator is a well-known tool among traders, celebrated for its ability to track momentum by using volume flow to predict changes in stock price. For an overview of the original OBV indicator, please visit: www.tradingview.com . What Makes This Version Different?...

EliCobra 已更新 

The OBV Heikin Ashi indicator is a modified version of the On-Balance Volume indicator that incorporates the Heikin Ashi transformation. This technical tool aims to provide traders with a smoother representation of volume dynamics and price trends. The OBV Heikin Ashi indicator combines the principles of OBV and Heikin Ashi to offer insights into the volume and...

Saleh_Toodarvari

The main idea of this oscillator is to place the OBV oscillator and its oscillation around the range of 0 and around -50 to +50 and for this scaling of the "On Balance Volume" oscillator, I have used Min-max normalization. Since this oscillator does not have a specific minimum and maximum, just setting the maximum and minimum does not seem the best thing to do. As...

BrunoMoscan

OBV Trend is a modification I made in other scripts, so that after months of testing, I got a very accurate indicator as to the right moment to enter a high-yield trade. The red line indicates the very short-term OBV variation, counting the last 3 candles. The yellow line shows the short-term OBV variation, counting the last 9 candles. The white line shows the...

Bhangerang

Purpose - Stochastic is the best momentum indicator and On Balance Volume (OBV) is the best volume indicator. Why not combine both to come up with a more sophisticated oscillator? How It's Done - I had to put OBV as an oscillator (returning values between 0 and 100) in order to put it in the same pane with the slow stochastic oscillator. Otherwise, their...

rsu9111

On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville's New Key to Stock Market Profits. This indicator is based on the OBV indicator and adds 2 times the standard deviation Bollinger Band to evaluate the overbought and...

cheatcountry

The McNamara's Tally was created by Nolan McNamara (Stocks and Commodities Feb 2022 pgs 44-45) and this aims to fix the issues with both the On Balance Volume and the Accumulation/Distribution Line by using a variation of Wilder's True Range to keep track of volume flow to better differentiate between bullish volume and bearish volume. I added a signal line to...

AdonisWerther 已更新 

This is On-Balance Volume recalculated to be an Oscillator, a Divergence hunter was added, also Pivot Points and Alerts. On-Balance Volume, or OBV is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The...

NeoButane

Multiple volume oscillators in one. Description: As Warren Guppet once said, be “fearful when others are buying less, and greedy when others are selling less.” Divergences are the main point of usage of all bundled indicators. OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move OBV Oscillator,...

cheatcountry 已更新 

The On Balance Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic OBV indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the obvdi rises above its signal line and sell when it falls below the signal line. This was a...

cheatcountry 已更新 

The On Balance Volume Reflex Indicator was developed by Fred Purifoy (Stocks & Commodities V 6:4 142-144) and it is similar in calculation to the On Balance Volume indicator but uses a lookback period for the change comparisons. Buy when the OVR is above the signal and sell when it falls below the signal. I have included my On Balance Volume Modified Indicator to...

cheatcountry 已更新 

Here is a smoothed version of the classic OBV indicator with a signal line. You can use it to look for signal line crossovers and divergences. The signal line is a 10-day EMA of the OBVM line. Typically, the signal line can vary from 10 to 50. This was just published by Vitali Apirine in the latest issue of Stocks & Commodities (April 2020) p22-25 Please let me...

Lij_MC 已更新 

This study Plots Divergences for OBV along with 2 MA's Choose between standard type of OBV and OBV Accumulation / Distribution thanks to spacetrader which seems to be a truer reading Divergence Alerts are provided so that you dont have to stare at your screen all day

QuantNomad

Looking for the way to use OBV Oscillator in a strategy. Here is my first try. I just enter to position of a cross of 2 emas based on OBV. Here is my original oscillator indicator:

QuantNomad

Created an oscillator from OBV - On Balance Volume. This way I think it is more responsive. I just took OBV over a period and divided it by the total volume for the same period. So now it's an oscillator from -1 to 1. You can also add EMA to this script. Any feedback will be appreciated.

ProfitProgrammers

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. Formula: if (Current Price > Previous Price) then Current OBV = Previous OBV + Current Volume if (Current Price < Previous Price) then...

emkill2005

Custom version of OnBalanceVolume (OBV) indicator.

SigmaDraconis 已更新 

On Balance Volume (OBV) Oscillator with Bollinger Bands (BB). Inspired by @LazyBear OBV Oscillator (link below) Added BB to the oscillator and colored the OBV line yellow when it's outside the bands' limits, useful for finding over-extended zones where price reversals have higher probability of happening. BB bands can be deactivated and the oscillator can be...