[Saga Trading] OBV Pro
The main component of this indicator is a cumulative volume line, designed to reflect how directional market participation evolves over time.
Rather than focusing on individual candles, the indicator aggregates volume to provide insight into whether buying or selling pressure is being consistently sustained.
It includes:
Directional participation context
A smoothed reference line helps visualize the underlying participation trend, making it easier to assess whether directional pressure is strengthening, weakening, or becoming unstable.
Relative momentum shifts
Changes in the slope and behavior of the cumulative line help highlight transitions between accumulation, distribution, or neutral phases.
Extreme participation imbalances
Marked areas indicate moments where cumulative participation diverges significantly from recent behavior, which may increase risk or signal potential imbalance.
How to use ?
This indicator does not provide buy or sell signals.
It is designed to offer context on directional pressure, helping traders evaluate whether price movement is supported by consistent participation or driven by short-term fluctuations.
OBV behavior should always be analyzed alongside price action and market structure, not as a standalone decision tool.
This indicator is intended for educational and analytical purposes only and is not a trading system.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact KevSagaT directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact KevSagaT directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.