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On Balance Volume Oscillator

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

September 14, 2021, 5:28 PM

Indicators

3 Comments

divergences

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"

Download

Filename: On-Balance-Volume-Oscillator.itf

Downloads: 341

robertogozzi Legend

Roberto https://www.ots-onlinetradingsoftware.com

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Comments

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jissey

5 years ago

Bonjour Robertogozzi, cet indicateur est interessant mais serait-il possible de marquer la divergence par une fleche (par ex ) sur le graphique automatiquement quand cette configuration apparait ? Cdlt

robertogozzi

5 years ago

Sure, but you should start a new topic on the Probuilder support forum. Thank you :)

robertogozzi

5 years ago

An updated version can be found here https://www.prorealcode.com/topic/conversion-of-pine-script-obv-osc-0-1/#post-177592

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