OPEN-SOURCE SCRIPT

OBV+MA

Updated
OBV with EMA and SMA, use the gap between EMA and SMA line to project momentum
Release Notes
using the gap between SMA and EMA of OBV as volume indicator to project the market trend
Release Notes
plot diff as histogram
Trend AnalysisVolume

Open-source script

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 publication is governed by House rules. You can favorite it to use it on a chart.

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