OPEN-SOURCE SCRIPT

JSS: On Balance Volume

2 940
//Date: 11-Oct-22
//Author: Jatinder Sodhi
OBV Indicator with colour coding.
Blue - Long
Red - Short

Best used for Intraday on 5 minute charts. Works well on other timeframes as well.

Inspired by Asit Baran's RankDelta:OBV Indicator
//Not an exact replica as I have found one line correctly ema(obv,21)
//Whereas second line ema(obv,5) corresponds closely with Asit's indicator values but not exact.
//Advisable to use along with my RSI indicator based on Asit Baran's RankDelta:RSI indicator.


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.