obv sma high

• 07/30/2023 at 5:33 PM #218334
  samd

  how do you calculate 4 times the 20 day sma of obv. this does not seem to be working

  myOBV = OBV(close)
  avgOBV=average[20](myOBV) * 4

  

  samd

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  07/30/2023 at 6:17 PM #218336
  JS

  That way you multiply (myOBV) by four…

  Try this:

  myOBV=OBV(close)

  avgOBV=average[20](myOBV)

  avgOBV4=avgOBV * 4

  

  JS

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  07/30/2023 at 7:54 PM #218338
  samd

  thanks for reply JS but it does not seem to work. How can I spit out the value so I can see what is wrong. When check results on a chart is not meeting the criteria.

  

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  07/30/2023 at 8:13 PM #218340
  JS

  It’s nothing more than calculating a “moving average” (which happens well here) and then multiplying the outcome by four…

  Can’t go wrong? 🙂

  Can you show your graph…

  

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  07/31/2023 at 12:55 PM #218373
  robertogozzi

  avgOBV=average[20](myOBV) * 4 actually multiplies the average, not OBV as 4 times OBV would be avgOBV=average[20](myOBV * 4).

  Anyway, it might depend on other conditions requiring more than 256 units.

  Are you using other conditions?

   

  

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  07/31/2023 at 12:58 PM #218374
  robertogozzi

  You can simply create this indicator to spot the values returned:

  myAVG = avgOBV=average[20](myOBV) myAVG4 = avgOBV=average[20](myOBV) * 4 return myAVG AS "average[20](myOBV)",myAVG4 AS "average[20](myOBV) * 4"

  1 2 3

  myAVG  = avgOBV=average[20](myOBV) myAVG4 = avgOBV=average[20](myOBV) * 4 return myAVG AS "average[20](myOBV)",myAVG4 AS "average[20](myOBV) * 4"

  

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  07/31/2023 at 1:29 PM #218381
  samd

  basically I want a screener that returns stocks that the current OBV is 4 times the 20 day sma of obv

  

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  07/31/2023 at 1:33 PM #218383
  JS

  Hi Roberto,

  It doesn’t matter if you first multiply the OBV by four and then calculate the average or if you multiply the average by four, the result is the same…

  Average[20](myOBV)*4 = Average[20](myOBV*4)

   

  (Why more than 256 units…?)

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  robertogozzi

  

  JS

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  07/31/2023 at 2:57 PM #218398
  JS

  Hi Samd,

  Over what period do you want to calculate the OBV?

  

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  07/31/2023 at 4:19 PM #218401
  robertogozzi

  IF he has more conditions that exceed 256 bars the calculations could be affected. Just guessing.

  I got your explanation aboyt the multiplier 🙂

   

   

  

  robertogozzi

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