PROTECTED SOURCE SCRIPT
RedOBV
OBV where you can choose a specific timeframe. Also I duplicated it, so now it could be easier to draw trendlines if you pick dots and line.
The main idea is to spot divergence between the price and OBV. Big buys or sells could be well camouflaged on the 4H 1D candles, but it's much harder to hide something on 1-5 min timeframes.
The main idea is to spot divergence between the price and OBV. Big buys or sells could be well camouflaged on the 4H 1D candles, but it's much harder to hide something on 1-5 min timeframes.
Protected script
This script is published closed-source and you may privately use it freely.
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