### OBV value is near an all-time high ##
- breakthrough, stock value could set new all-time highs.
- rejection, stock value could come down or consolidate.
- OBV High Lookback -> numbers of bars to look back for the obv high.
- OBV LowLookback -> numbers of bars to look back for the obv low.
- OBV Length -> length
- This script also comes with an indicator based on obv for smoothing the obv signal since it gets noise at lower timeframes (by default comes disabled)
This is my first script any ideas, suggestions, or detected errors (language/script) don´t hesitate to send a message.
Best regards, Mauro.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.