OPEN-SOURCE SCRIPT
CCI OBV 4K
mod of lazy bear's OBV coded CCI, which indicates CCI state by changing the color of the OBV. now it shows you when CCI is overbought or oversold, not just one or the other
CCI threshold can be changed (ex. 200 and -200)
EMA is overlaid, too, in orange, and that period can be changed
- when CCI > 100, that's an oversold signal and OBV line turns green
- when CCO -0.54% < -100, that's an undersold signal and OBV line turns red
CCI threshold can be changed (ex. 200 and -200)
EMA is overlaid, too, in orange, and that period can be changed
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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