OPEN-SOURCE SCRIPT
OBV Trend Indicator by Bruno Moscan
OBV Trend is a modification I made in other scripts, so that after months of testing, I got a very accurate indicator as to the right moment to enter a high-yield trade.
The red line indicates the very short-term OBV variation, counting the last 3 candles.
The yellow line shows the short-term OBV variation, counting the last 9 candles.
The white line shows the medium-term OBV variation, counting the last 21 candles.
The trend is up (Bull Market) while the order of the lines on the chart is Red/Yellow/White.
The trend is Bear Market while the order of the lines on the chart is White/Yellow/Red.
If the Yellow line is in the first position, either from bottom to top, or from top to bottom, it is a sign that the trend is changing, reversing, wait for the lines to organize before entering the movement.
When the lines are so close together that it is difficult to understand the correct order of the lines, it means that you are facing the best possible entry point. Wait for the lines to separate, at the first perfect food signal as described above, enter the movement, at this point, your stoploss may be very short, positioned at the base of the last candlestick.
The indicator works best on H1, H2, H4 and D1. In the Weekly until the signal reversal occurs, you can lose several days, sometimes weeks. On minute charts, there are many reversals and you can be stopped many times.
Good trends.
*Translate by Google Tradutor*
*In Brazil, we speack Portuguese, not Spanish or English :p *
The red line indicates the very short-term OBV variation, counting the last 3 candles.
The yellow line shows the short-term OBV variation, counting the last 9 candles.
The white line shows the medium-term OBV variation, counting the last 21 candles.
The trend is up (Bull Market) while the order of the lines on the chart is Red/Yellow/White.
The trend is Bear Market while the order of the lines on the chart is White/Yellow/Red.
If the Yellow line is in the first position, either from bottom to top, or from top to bottom, it is a sign that the trend is changing, reversing, wait for the lines to organize before entering the movement.
When the lines are so close together that it is difficult to understand the correct order of the lines, it means that you are facing the best possible entry point. Wait for the lines to separate, at the first perfect food signal as described above, enter the movement, at this point, your stoploss may be very short, positioned at the base of the last candlestick.
The indicator works best on H1, H2, H4 and D1. In the Weekly until the signal reversal occurs, you can lose several days, sometimes weeks. On minute charts, there are many reversals and you can be stopped many times.
Good trends.
*Translate by Google Tradutor*
*In Brazil, we speack Portuguese, not Spanish or English :p *
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开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。