This trend following indicator is made up of 3 parts. A normalized (OBV) On Balance Volume (the gray line) which ranges between -100 and 100 and has a 55 period SMA overlayed (the orange line) to give an indication of the overall trend as far as volume goes. - If the volume decreases without a drop in price, it might indicate a move down. - If volume increases...
Apirine OBV-M Modified OBV w/ MA Selection by Cryptorhythms Intro Released in the April 2020 issue of TASC, and created by Vitali Apirine. Description OBV-M is of course based on the classic indicator on balance volume originally developed by Joe Granville. Apirine then smooths the calculation and adds a signal line to help denote entry and exit...
Volume based indicator. Calculates 14 period average green and red volume bars. Makes comparison betweeen them.
Custom D7R version of the traditional OBV (On Balance Volume) enhanced with an EMA and D7R signature color scheme. Includes Histogram mode which is great for divergences analysis.
OBV plotted with Bollinger Bands to show whether the volume is breaking out from its normal deviation (both up or down). The OBV changes color depending on the macro trend which is set using a 100 EMA.
This script looks for divergences on up to six indicators, sums them up and draw a histogram below the chart. You have several options to customize the output: 1. indicators: RSI, Stoch RSI, MACD, CCI, OBV, WaveTrend (LazyBear) 2. Divergences: Regular, hidden, both 3. Lookback period for divergences BITSTAMP:BTCUSD
This indicator is part of a pair of indicators that make it easier to spot divergences in On Balance Volume , but make the calculations using a unique method. THIS ONE IS IN THE UPPER (PRICE ACTION) PANE OF THE SAMPLE CHART. Volume is segmented into buy or sell volume by analyzing smaller timeframes (down to 1 minute) The sell vs. buy volume is calculated as a...
This indicator is part of a pair of indicators that make it easier to spot divergences in On Balance Volume, but make the calculations using a unique method. THIS ONE IS IN THE LOWER PANE OF THE SAMPLE CHART. Volume is segmented into buy or sell volume by analyzing smaller timeframes (down to 1 minute) The sell vs. buy volume is calculated as a running total (as...
OBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.
The well known Chaikin Money Flow Indicator as oscillator version. General Usage The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend. It can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it...
The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend. The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher...
The oscillator version of the well known On Balance Volume Indicator (OBV). General Usage Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: ...
Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI. Usage: When analyzing the money flow index one needs to take into...
an underlying asset. It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution...
Multi Exchanges OBV Use the security function to call volume information from 10 exchanges. So there is a slight delay when loading.
HASHEM OBV (V2) The OBV is one of the most powerful indicators for spotting divergences and local highs and lows. This OBV is trapped in a channel between -100 and 100. the Fast OBV is smoothed by 2 (Default) and the Slow OBV is smoothed by 4 (Editable) . The Idea is when the Fast OBV crosses the Slow it's a setup. when this cross happens on...