OPEN-SOURCE SCRIPT
Updated SAT - Sentiment Analysis Tool by Csth97
This code calculates the correlation between the ATR and the OBV of the price, and plots the difference between the positive and negative OBV correlations as a line. It also plots horizontal lines at the UP and DOWN levels, and signals bullish and bearish crosses when the difference line crosses those levels.
Release Notes
// This code calculates the correlation between the ATR and the OBV of the price, and plots the difference between the positive and negative OBV correlations as a line.//It also plots horizontal lines at the UP and DOWN levels, and signals bullish and bearish crosses when the difference line crosses those levels.
Release Notes
// This code calculates the correlation between the ATR and the OBV of the price, and plots the difference between the positive and negative OBV correlations as a line.//It also plots horizontal lines at the UP and DOWN levels, and signals bullish and bearish crosses when the difference line crosses those levels.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.