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Volume Based Momentum

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This is a volume based momentum indicator that should be used to spot regular and hidden divergences. This has some similarities to OBV, but it is not OBV and should be treated uniquely.

Input selections are 1-5, a higher number is better on a lower timeframe. When viewing daily or weekly, you should probably be on 1. When viewing timeframes such as 15 minute, 4 is most likely sufficient.
Nota Keluaran
Update includes an "Auto" selection for a better fit on different timeframes, but I still recommend referencing the other plot selection settings.

Also added the ability to view the OBV plot if you want to reference OBV at any time.
Nota Keluaran
Corrected Titles for Plots

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.