On Balance Volume (OBV)
Indikatoren, Strategien und Bibliotheken
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?...
On Balance Volume (OBV)
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Indicator Description: Cumulative Volume Price (Candle Body, High Low) This indicator features three cumulative plots that continuously accumulate values over time. Cumulative Volume Plot: The first plot displays the cumulative volume, calculated by continuously adding the volume values from zero. Cumulative Candle Body Width Plot: The second plot displays...
█ OVERVIEW TASC's January 2024 edition of Traders' Tips features an article titled “Gap Momentum” by Perry J. Kaufman. The article discusses how a trader might create a momentum strategy based on opening gap data. This script implements the Gap Momentum system presented therein. █ CONCEPTS In the article, Perry J. Kaufman introduces Gap Momentum as a...
The Klinger Oscillator is not fully implemented in Tradeview. While the description at de.tradingview.com is complete, the implementation is limited to the pure current volume movement. This results in no difference compared to the On Balance Volume indicator. However, Klinger's goal was to incorporate the trend as volume force in its strength and duration into...
Overview This indicator plots horizontal lines at the daily high and low levels of the On Balance Volume (OBV). The numerical lines for each day are updated in real-time as the OBV high and low values change. Please note that there are limitations on how far back in history the indicator can go due to Pine Script's object drawing limitations.
![BTCUSDT.P: Multi-Asset Performance [Spaghetti] - By Leviathan](https://s3.tradingview.com/y/yJxpjg0Y_mid.png "Multi-Asset Performance [Spaghetti] - By Leviathan")
This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets. Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
The "Buyer/Seller Dominance" indicator script, developed by Deepanshu Sharma under The Market Wisdom (TMW), is a powerful analytical tool designed for use on the TradingView platform. This script is released under the Mozilla Public License 2.0, and it offers traders and investors an innovative perspective on market dynamics by assessing the relative strength of...
The Relative Strength Volume Comparison is a powerful tool that can help traders identify the current trend based on volume pressure and potential reversals. This oscillator is made of two lines and the overbought and oversold levels. Each of these two lines is a relative-strength formula that contains both the famous RSI and CCI formulas, smoothed by a Hull...
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...
The On-Balance Accumulation Distribution (OBAD) indicator is designed to analyze the accumulation and distribution of assets based on volume-weighted price movements. The indicator helps traders identify periods of buying and selling pressure and assess the strength of market trends. By incorporating volume and price data, the OBAD indicator provides valuable...
Summary : Market price is simply a dance of liquidity to the specific market. tl;dr: "Cash come-in, market moon; Cash go-out, market doom" In Simple Language : Large changes in the money flow to an asset often mark local price extremia. Academic paper: Title: Z-Score(Slope(OBV)): An Efficient Indicator for Identifying Local Extremes in Asset Prices...
This script shows On-Balance Volume adjusted for volume weighted candle body size. This means that the wick lengths, body length, and sell/buy pressure are calculated into percentages of volume that contributed to each. The body volume is the accumulatively tracked across candles to give a more accurate On-Balance Volume that has been traded to achieve the...
This oscillator has two different modes: The first one called RSIs is a comparison between the Relative strength index of the Accumulation/Distribution (and the On Balance Volume) and the normal price, to analyze the differences in momentum between the price with volume and without. The second one, called Dock, is similar except for the fact that the lines are...
The OBV-MACD indicator is a momentum-based technical analysis tool that helps traders identify trend reversals and trend strength. This Pine script is an implementation of the OBV-MACD indicator that uses the On-Balance Volume (OBV) and Moving Average Convergence Divergence (MACD) indicators to provide a momentum data of OBV. The OBV-MACD indicator uses the OBV...
![BTCUSDT.P: [Hoss] OBV RSI](https://s3.tradingview.com/a/a8wldJjX_mid.png "[Hoss] OBV RSI")
The OBV ( On Balance Volume ) RSI ( Relative Strength Index ) indicator is an innovative tool that combines the power of OBV and RSI to provide traders with a comprehensive view of the market's momentum and volume dynamics. This combination enables users to make better-informed trading decisions by analyzing the relationship between price, volume , and relative...
Medic trades using "Smart Money Concepts", and Medic's system revolves around the one taught by MentFX (i.e. Structure, Supply/ Demand Zone , and Confirmation). While this system per se doesn't require the use of a volume indicator, Medic has come to respect the OBV and Accumulation / Distribution . The OBV Ribbon is available in many a shape and form, but Medic...
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...
Check on balance volume but with crossover. You can choose the smoothing method, which is set by default to use the Volume Weighted Moving Average (bringing volume to the equation is always a good idea) but you can change to SMA, MA, EMA, ... Hope you guys enjoy it and don't forget to rate it up! :) I plan to include % from 0-100 OBV in here later! Stay tuned....