OPEN-SOURCE SCRIPT
Updated OBVnew
OBV is one of my favorite indicator so I like to make a lot of indicator from it:)
The buy and sell based on the rise or fall of the OBV by the channel
can be use in any time frame just make sure to set correct to overbought and oversold
one can add more indicator to this back bone frame to make it better
The buy and sell based on the rise or fall of the OBV by the channel
can be use in any time frame just make sure to set correct to overbought and oversold
one can add more indicator to this back bone frame to make it better
Release Notes
Fix the OBV calculation by the help of EvergreatOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.