OBV High / LOW (On-Balance Volume )

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 consolidate.

Example

Inputs

OBV High Lookback -> numbers of bars to look back for the obv high.
OBV LowLookback -> numbers of bars to look back for the obv low.
OBV EMA Length -> Ema length

Notes:

This script also comes with an ema indicator based on obv for smoothing the obv signal since it gets noise at lower timeframes (by default comes disabled)

OBV information
https://www.investopedia.com/terms/o/onbalancevolume.asp

Comments:
This is my first script any ideas, suggestions, or detected errors (language/script) don´t hesitate to send a message.

Best regards, Mauro.

Nota Keluaran

Minor fix : Change OBV plot color from white to yellow to fix white theme problem

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

MA_PT

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

MA_PT