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SMF-Z & OBV-Z Oscillator (v6)
🧭 Quick Reference
• SMF-Z (teal): flow of money.
• OBV-Z (orange): volume support for price moves.
• Zero line (0): neutral. Positive side = bullish bias, negative side = bearish bias.
• ±2 levels: “extreme” zone (unusual inflow/outflow).
• IN/OUT triangles: short-term strong money inflow/outflow (spike signals).
✅ Core Rules
LONG (buy/hold)
Both SMF-Z and OBV-Z above zero and rising (upward slope).
Zero line crossover (especially if both cross around the same bar) + IN spike = strong confirmation.
Expansion toward +2 = momentum intact, let profits run.
EXIT / SELL (close long or consider short)
Either SMF-Z or OBV-Z drops below zero (especially both together).
OUT spike (heavy selling pressure) = aggressive exit signal.
Rolling over from +2 downward (especially if OBV-Z turns first) = momentum fading.
SHORT (sell side)
Both indicators below zero and falling; zero line crossunders + OUT spike = strong confirmation.
Expansion toward −2 shows trend strength; taking profit on reversal from −2 is reasonable.
♟️ Divergences (most reliable signal)
Positive divergence: Price makes a new low while SMF-Z/OBV-Z form a higher low → strong accumulation sign (especially if paired with an IN spike).
Negative divergence: Price makes a new high while SMF-Z/OBV-Z form a lower high → distribution/selling sign (confirmed with an OUT spike).
🔧 Parameter Effects
SMF z-window / OBV z-window: shorter (20–50) = more sensitive but noisier; longer (100–200) = slower but more reliable.
OBV EMA: smaller (10–13) = faster response; larger (34–55) = smoother.
Spike window & σ (spK): shorter window or smaller sigma = more frequent spikes; larger = fewer but more selective spikes.
📝 Simple Playbook
Filter: Check if both SMF-Z and OBV-Z are on the same side of zero before taking a trade.
Trigger: Zero line crossover + IN/OUT spike.
Management:
For longs: exit/reduce if OBV-Z falls below zero or an OUT spike appears.
For shorts: exit/reduce if SMF-Z rises above zero or an IN spike appears.
Extra confirmation: If Supertrend/EMA from the overlay indicator agrees with SMF-Z & OBV-Z, confidence is stronger.
⚠️ Cautions
In sideways markets, frequent whipsaws around zero are common → always wait for confirmation (both indicators + spike + trend filter).
+2/−2 zones do not guarantee reversal by themselves; in strong trends the indicators can stay there for a while.
• SMF-Z (teal): flow of money.
• OBV-Z (orange): volume support for price moves.
• Zero line (0): neutral. Positive side = bullish bias, negative side = bearish bias.
• ±2 levels: “extreme” zone (unusual inflow/outflow).
• IN/OUT triangles: short-term strong money inflow/outflow (spike signals).
✅ Core Rules
LONG (buy/hold)
Both SMF-Z and OBV-Z above zero and rising (upward slope).
Zero line crossover (especially if both cross around the same bar) + IN spike = strong confirmation.
Expansion toward +2 = momentum intact, let profits run.
EXIT / SELL (close long or consider short)
Either SMF-Z or OBV-Z drops below zero (especially both together).
OUT spike (heavy selling pressure) = aggressive exit signal.
Rolling over from +2 downward (especially if OBV-Z turns first) = momentum fading.
SHORT (sell side)
Both indicators below zero and falling; zero line crossunders + OUT spike = strong confirmation.
Expansion toward −2 shows trend strength; taking profit on reversal from −2 is reasonable.
♟️ Divergences (most reliable signal)
Positive divergence: Price makes a new low while SMF-Z/OBV-Z form a higher low → strong accumulation sign (especially if paired with an IN spike).
Negative divergence: Price makes a new high while SMF-Z/OBV-Z form a lower high → distribution/selling sign (confirmed with an OUT spike).
🔧 Parameter Effects
SMF z-window / OBV z-window: shorter (20–50) = more sensitive but noisier; longer (100–200) = slower but more reliable.
OBV EMA: smaller (10–13) = faster response; larger (34–55) = smoother.
Spike window & σ (spK): shorter window or smaller sigma = more frequent spikes; larger = fewer but more selective spikes.
📝 Simple Playbook
Filter: Check if both SMF-Z and OBV-Z are on the same side of zero before taking a trade.
Trigger: Zero line crossover + IN/OUT spike.
Management:
For longs: exit/reduce if OBV-Z falls below zero or an OUT spike appears.
For shorts: exit/reduce if SMF-Z rises above zero or an IN spike appears.
Extra confirmation: If Supertrend/EMA from the overlay indicator agrees with SMF-Z & OBV-Z, confidence is stronger.
⚠️ Cautions
In sideways markets, frequent whipsaws around zero are common → always wait for confirmation (both indicators + spike + trend filter).
+2/−2 zones do not guarantee reversal by themselves; in strong trends the indicators can stay there for a while.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.