Hi there!
This is an Histogram version of the OBV+ ( )
With this one, you will be also spot divergences and better time the market. Information is visually more clear and with the added benefit of less space required in your charts
Have fun!
Shows divergence spikes between OBV and Constance Brown RSI
Trade in the direction of the obv trend when it spikes
Includes LazyBear code and A&E's help - very much appreciated
Useful for all markets n instruments, i guess
OBV+ is a OBV study enhanced with a linear regression moving average.
Default Settings:
Linear Regression of OBV: 34
Activate Vertical Bar Highlights and/or Signal Flags for:
- RSI crossing its Linear Regression . (Default: Both On)
Users can also do extra tuning in Style Section of Format options.
To use this indicator we need to observe the market's...
