Check on balance volume but with crossover. You can choose the smoothing method, which is set by default to use the Volume Weighted Moving Average (bringing volume to the equation is always a good idea) but you can change to SMA, MA, EMA, ...
Hope you guys enjoy it and don't forget to rate it up! :)
I plan to include % from 0-100 OBV in here later! Stay tuned....
This is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR...
this strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty. Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears.
With little...
A combination of "On Balance Volume (OBV)" and "Volume Oscillator".
"OBV Momentum" is a trend momentum indicator, that can be used to identify strong trends and also trend changes based on volume.
High positive values indicate strong volume on the buy side, high negative values indicate strong volume on the sell side.
An increasing OBV momentum indicates a...
The McNamara's Tally was created by Nolan McNamara (Stocks and Commodities Feb 2022 pgs 44-45) and this aims to fix the issues with both the On Balance Volume and the Accumulation/Distribution Line by using a variation of Wilder's True Range to keep track of volume flow to better differentiate between bullish volume and bearish volume. I added a signal line to...
This is a simple application of OBV indicator (On-Balance Volume ), to visually determine when a given stock current obv is near the highest or lowest based on the number of lookback bars.
Indicator examples:
### OBV value is near an all-time high ##
breakthrough , stock value could set new all-time highs.
rejection , stock value could come down or...
Apirine OBV-M Modified OBV w/ MA Selection by Cryptorhythms
Intro
Released in the April 2020 issue of TASC, and created by Vitali Apirine.
Description
OBV-M is of course based on the classic indicator on balance volume originally developed by Joe Granville. Apirine then smooths the calculation and adds a signal line to help denote entry and exit...
Divergence screener for OBV RSI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
This study Plots Divergences for OBV along with 2 MA's
Choose between standard type of OBV and OBV Accumulation / Distribution thanks to spacetrader which seems to be a truer reading
Divergence Alerts are provided so that you dont have to stare at your screen all day
Looking for the way to use OBV Oscillator in a strategy.
Here is my first try. I just enter to position of a cross of 2 emas based on OBV.
Here is my original oscillator indicator:
![AAPL: McNamara Tally [CC]](https://s3.tradingview.com/x/xomVGR2H_mid.png "McNamara Tally [CC]")
![EURGBP: Divergence OBV RSI[mado]](https://s3.tradingview.com/o/o3Jb8me1_mid.png "Divergence OBV RSI[mado]")
![XRPUSD: On Balance Volume Oscillator Strategy [QuantNomad]](https://s3.tradingview.com/v/VQjItUaK_mid.png "On Balance Volume Oscillator Strategy [QuantNomad]")
