OBV Divergence +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
Obv-plus
OBV AverageThis study calculates the OBV and enables the ability to get the SMA of an OBV with a dynamic value of lookback set.
TH_Price+ HistogramPrice plotted into centralized oscillator normalized via 7/14 moving averages. The Histogram reveal longer trends while flags warn for early entry/exits. This script has been backtested with astonishing results particularly on 4H and Daily timeframes.
You can use this in combination with Hull+ or Delta Map (Premium), RSI+ or RSI Delta (Premium) and also OBV+ Histogram for stronger confirmations.
TH_OBV+ HistogramHi there!
This is an Histogram version of the OBV+ ( )
With this one, you will be also spot divergences and better time the market. Information is visually more clear and with the added benefit of less space required in your charts
Have fun!
OBV+OBV+ is a OBV study enhanced with a linear regression moving average.
Default Settings:
Linear Regression of OBV: 34
Activate Vertical Bar Highlights and/or Signal Flags for:
- RSI crossing its Linear Regression . (Default: Both On)
Users can also do extra tuning in Style Section of Format options.
To use this indicator we need to observe the market's behaviour and identify which settings are fit for the timeframe and type market trading.
Recommended suggested settings
Linear Regression of OBV: 34/21
The market behaves differently when the pacing changes, volatility changes and when it trends or when it ranges. Develop an understanding of it with the help of this study.
Avoid risking more than 1% per trade. Be responsible for always making a priority about protecting capital and managing risk.
