OPEN-SOURCE SCRIPT
Enhanced On Balance Volume

Enhanced On Balance Volume
"On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price.
Joseph Granville first developed the OBV metric in the 1960s.
He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward, and vice versa."
The On Balance Volume generalizes.
Only the direction of change is taken into consideration, making the price irrelevant.
Enhanced On Balance Volume comes to life when the entire price action is being considered - the lows and highs.
// I looked around on TradingView and there was no such indicator.
// This is a version of the well known On Balance Volume, ported to Pinescript, meant for markets with volume data.
"On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price.
Joseph Granville first developed the OBV metric in the 1960s.
He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward, and vice versa."
The On Balance Volume generalizes.
Only the direction of change is taken into consideration, making the price irrelevant.
Enhanced On Balance Volume comes to life when the entire price action is being considered - the lows and highs.
// I looked around on TradingView and there was no such indicator.
// This is a version of the well known On Balance Volume, ported to Pinescript, meant for markets with volume data.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Join the Discord Server for more info about the published tools.
discord.io/CryptoWorld
a Discord bot for Charting (TradingView and Heatmaps) is available
🟣 If you like any of my Invite-Only Tools, let me know
(DM or Discord for inquiries)
discord.io/CryptoWorld
a Discord bot for Charting (TradingView and Heatmaps) is available
🟣 If you like any of my Invite-Only Tools, let me know
(DM or Discord for inquiries)
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Join the Discord Server for more info about the published tools.
discord.io/CryptoWorld
a Discord bot for Charting (TradingView and Heatmaps) is available
🟣 If you like any of my Invite-Only Tools, let me know
(DM or Discord for inquiries)
discord.io/CryptoWorld
a Discord bot for Charting (TradingView and Heatmaps) is available
🟣 If you like any of my Invite-Only Tools, let me know
(DM or Discord for inquiries)
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。