DI-OBV‴ | Divergence Indicator OBV‴

What does it do?
Does the same as the ordigary OBV, but it has embeeded the 4TC indicator that provides trending channels that helps understand the strength of direction changing and divergencies with the price.

How does it work?
Works the exact same way as the ordinary OBV, but trending channels are drawn in order for you to see the OBV movement and potential reversal movements. Only 2 channels are drawn but you can activate the other 2 and also change their timeframes.
All channel directions are plotted in triangles on the top of the indicator frame which shows their direction (up or down).
The light red background shade signals that Volatility is activated and that price spread and volume are to be expected

What's my filling?
Helps confirm the volume movement and potential reversal and/or direction, as well as the divergency with price.

To have access to this indicator, please DM me.
Don't contact me in the comment area.

Release Notes

Just some few adjustments.

Release Notes

Now you can turn ON/OFF a MA DiOBV Line.

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 MarceloTorres 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

To have access to this indicator, please DM me. Don't contact me in the comment area.

Warning: please read our guide for invite-only scripts before requesting access.

MarceloTorres

TRADEWISER | Marcelo Torres
marcelo@tradewiser.pro

Vídeo-Análise completa diária no YouTube:
youtube.com/c/TradeWiserPro

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CursoAE.TradeWiser.pro

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