PROTECTED SOURCE SCRIPT
Heavy OBV
A tweaked version of the classic OBV
Added a EMA to help with trend gauging (Slow OBV)
and also the color changing momentum to confirm that cross.
You can also adjust this indicator for any time frame.
Very easy to use
When HOBV is under the Slow and momentum bearish (black) then shorting is favorable
When HOBV is over the Slow and momentum is bullish (cyan) then longing is favorable.
Cheers!!
Added a EMA to help with trend gauging (Slow OBV)
and also the color changing momentum to confirm that cross.
You can also adjust this indicator for any time frame.
Very easy to use
When HOBV is under the Slow and momentum bearish (black) then shorting is favorable
When HOBV is over the Slow and momentum is bullish (cyan) then longing is favorable.
Cheers!!
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Have a plan. Trade it!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Have a plan. Trade it!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.