This version its made for 8-12h and works amazingly on the ETH pairs. Can be adapted to others as well
For this example, I used an initial 1$ account, using always full capital on each trade(without using any leverage), together with a 0.1% commission/fees for each deal, on Coinbase broker.
This is a long only strategy
The components for the inside of the...
Find the correlation between OBV and price.
Basically, they should be correlated, but sometimes they are inversely correlated (less than -0.4).
It was released because it seems to be in a phase for some reason.
When the inverse correlation is over, it is possible to think about how to buy and sell for the time...
The oscillator version of the well known On Balance Volume Indicator (OBV).
General Usage
Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
...
So this script is my improvement to macd that we all know . it faster and more accurate with less lag
first is based on OBV as it primary source
next we convert the OBV to MA style format , in this case we can add all form of MA in order to calculate it . as you will see in settimgs it has many type of MA as each beahave differently
I make the signal to be in...
I like to use OBV as a summary of the order book action + I added Fib levels from my other script for more context. I typically trade swings on H4, and HMA of the OBV helps me set the bias/trend.
OBV that should reset on a daily session break. Looks neat when you scroll out all the way. Good use remains to be found; I believe this could be a useful reference for a more fleshed out idea for 'local zone' OBVs. Maybe comparing previous sessions' daily OBVs to current.
Credits go to vyperphi696 and LazyBear for the original OBV with Divergence script.
This indicator has the new option to check for momentum divergence, which I have done by adding RSI and MACD data.
Hence the indicator allows combined testing of volume and momentum divergence. This feature aims to improve trend reversal detection by reducing false...
the pyramide strategy based on coinrule script
the strategy is based on OBV scalper that i publish in past
seems very proftible for btc but the question is if this is because it bullish now
if i remove the filter then it will lose but the filter make it very profitable
wish all members best new year
this script work best for 1-5 min chart
This is the ADX and DI+/- indicator applied to OBV!
This really clearly shows up and down, but using VOLUME! Don't ignore it, there is too much information captured in the OBV.
If you just love the ADX/DI format, it is included in a checkbox.
Want some excellent background highlighting, turn in on in a checkbox.
Shout out to some inspirations
csw-dmi...
Here is an indicator with 4 options:
- OBV
- MACD (uses default EMA, you can change this to SMA)
- AC
- AO
All accompanied with my "Divergences (Pivots)" with 3 settings:
- 'Long Period', default checks 19 bars to the Left (="History") and 1 bar to the Right (="Future")
- 'Medium Period', default checks 14 bars to the Left (="History") and 1 bar to the...
Credit to Lancelot_Augur for the idea of EMAs of On Balance Volume.
The signals are generated when the faster OBV EMA crosses the slower one.
BACKGROUND COLORS:
Green = go long
Red = go short
White = you have been stopped out
This strategy uses a 3% stop loss.
Using modified OBV volume equetion and using our modified MTF length (not need to use security so no repaint )
the Buy and Sell reresent in B and S and by the colors of bullish compare to bearish
You change the MTF by changing int2
in this example is set to 240 min MTF over 15 min charts
alerts inside
Hello World,
This is my first indicator born from my trading ideas.
This is basically an OBV based Osciallator.
Here are my advices for the users,
I generally use this indicator for day trading for 1 min and 5 min timeframes (Higher timeframes can be used)
Use this indicator for currencies with high volume and high volatility (Take some high risks!..)
...
![SPX500USD: OBV Osc - On Balance Volume Oscillator [UTS]](https://s3.tradingview.com/g/gf8889i2_mid.png "OBV Osc - On Balance Volume Oscillator [UTS]")
![BTCUSDT: [OBV] [MACD] [Accelerator/Awesome Oscillator] + PivDiv 2](https://s3.tradingview.com/l/LuIvUYgU_mid.png "[OBV] [MACD] [Accelerator/Awesome Oscillator] + PivDiv 2")
