OPEN-SOURCE SCRIPT
已更新 [blackcat] L1 Vitali Apirine OBVM

Level 1
Background
Traders’ Tips of April 2020, the focus is Vitali Apirine’s article in the April issue, “On-Balance Volume Modified (OBVM)”.
Function
In “On-Balance Volume Modified (OBVM)” in this issue, author Vitali Apirine presents a new indicator called OBVM that is based on the classic on-balance volume indicator originally developed by Joe Granville. The author has smoothed the OBV calculation and has added a signal line to help the trader identify entry and exit points. Apirine also notes that the OBVM indicator is useful in helping to identify divergences.
Remarks
Feedbacks are appreciated.
Background
Traders’ Tips of April 2020, the focus is Vitali Apirine’s article in the April issue, “On-Balance Volume Modified (OBVM)”.
Function
In “On-Balance Volume Modified (OBVM)” in this issue, author Vitali Apirine presents a new indicator called OBVM that is based on the classic on-balance volume indicator originally developed by Joe Granville. The author has smoothed the OBV calculation and has added a signal line to help the trader identify entry and exit points. Apirine also notes that the OBVM indicator is useful in helping to identify divergences.
Remarks
Feedbacks are appreciated.
版本注释
OVERVIEWThe [blackcat] L1 Vitali Apirine OBVM indicator is designed to help traders analyze volume trends using an enhanced version of the On-Balance Volume (OBV) called OBVM. This indicator calculates the OBVM and its corresponding signal line, providing visual cues through colored histograms and labels for potential buy and sell opportunities. It also includes alert functionality to notify users of these signals 📈💹.
FEATURES
Calculates On-Balance Volume Modified (OBVM) and its signal line.
Plots OBVM and signal lines with customizable lengths ⚙️.
Displays a colored histogram to visualize differences between OBVM and signal line:
Positive histogram bars indicate bullish momentum.
Negative histogram bars indicate bearish momentum.
Adds buy ('Buy') and sell ('Sell') labels on the chart for easy identification of trade signals 🏷️.
Generates alerts for crossover and crossunder events 🔔.
Supports customizable colors and styles for plotted elements 🎨.
HOW TO USE
Add the indicator to your TradingView chart by selecting it from the indicators list.
Adjust the inputs for OBVM Length and Signal Line Length according to your preferences.
Monitor the chart for colored histogram bars and labeled buy/sell signals.
Set up alerts based on the generated signals to receive notifications when conditions are met 📲.
Use the indicator alongside other technical analysis tools for better decision-making.
LIMITATIONS
The indicator's effectiveness may vary depending on the asset and timeframe being analyzed.
False signals can occur in low-volume or highly volatile markets 🌪️.
Users should always confirm signals with other forms of analysis before entering trades.
NOTES
Ensure that you have sufficient historical data available for accurate OBVM calculations.
Test the indicator thoroughly on demo accounts before applying it to live trading 🔍.
Customize the appearance of the plotted elements as needed to suit your chart layout.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Avoid losing contact!Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联,请立即行动,加入本猫聊天群: discord.com/invite/ZTGpQJq
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Avoid losing contact!Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联,请立即行动,加入本猫聊天群: discord.com/invite/ZTGpQJq
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。