Hashem OBV (V2)
The OBV is one of the most powerful indicators for spotting divergences and local highs and lows.
This OBV is trapped in a channel between -100 and 100. the Fast OBV is smoothed by 2 (Default) and the Slow OBV is smoothed by 4 (Editable).
The Idea is when the Fast OBV crosses the Slow it's a setup. when this cross happens on the Top and Bottom Zones it'll have more weight.
The Difference between the Fast and Slow is shown on the Zero Line. when the slope of it is positive it means the previous setup is being played. But when it comes to 0 or/and Reverse, it means the previous setup is either played or it'll not be played.
Also, an EMA and SMA (source form Slow OBV) are included. the EMA is used for Support/Resistance and the SMA is used for its Slope and the position in the Zones.
NOTE THAT THIS IS NOT A SIGNALING INDICATOR, YOU MUST CONFIRM THEM WITH YOUR OWN TA.
Lesser Noise.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact rhawshemi 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
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact rhawshemi 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
Warning: please read our guide for invite-only scripts before requesting access.