When it comes with On balance volume we have only line Indicator It's difficult to identify what happening So this indicator will help to identify what happening in On Balance Volume with Candle stick pattern
You can add SMA as well as EMA in code accourding to your strategy
It is a brilliant idea. But I wonder why it has different values from tradingview's OBV. Could you check it, please?
mazda459
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So thanks for indicator
decrok
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First of all, thank you for making a good indicator.
Can't you make the wick (tail) visible, including the high and low prices of candles? (Normal candles, not Heikinashi candles)
siddhugaddi
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@decrok, let me try that also... but in my OBV strategy i found that wicks are no use i do consider only candles where it open and closed and bullish or bearish we found some pattern where bull is winning and where bear are winning... in the same way where bull and bears are loosing volume
@fannytradz, Yes i have added EMA and SMA both That will help to identify hidden zones for volume also and thankyou for @LonesomeTheBlue for this script
But I wonder why it has different values from tradingview's OBV.
Could you check it, please?