On Balance Volume Oscillator

Category: Indicators By: robertogozzi Created: September 14, 2021, 5:28 PM
September 14, 2021, 5:28 PM
Indicators
3 Comments

It makes it easier to detect DIVERGENCES.

// OBV Oscillator
//
//
//
// Periods = 20
Periods    = max(1,min(999,Periods))
//
MyOBV      = OBV(close)
Sma        = Average[Periods,0](MyOBV)
Diff       = MyOBV - Sma
RETURN Diff AS "Difference"

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Filename: On-Balance-Volume-Oscillator.itf
Downloads: 331
robertogozzi Master
Roberto https://www.ots-onlinetradingsoftware.com
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