INVITE-ONLY SCRIPT
On Volume Balance Oscillator By [LeonidasCrypto]
Atualizado
This indicator will help you to read OBV in a different way. I added rules I am following for my own system and experience.
OBV is one of the best indicators in my experience for trading.
How to trade with this indicator.
Rules:
OBV > 0 line
Market should be considered bullish
OBV< 0 Market should be considered bearish
Moving Averages:
EMA 55 (YELLOW Line) as long OBV is above this EMA and the color is GREEN the market should be considered in trending mode.
Example:
EMA 55 could work as dynamic support and resistance
Example:
EMA 100 as long OBV is above this EMA the market should be considered in long term bullish y OBV is below this EMA (RED Cloud) the market in long term is bearish.
Example:
Divergences:
This indicator is very powerful showing less divergences if we compare this indicator with others that means less fake signals.
Yellow Bar:
This indicator is using Choppiness Index to determine if the market is getting ready to move. If you see a yellow bar you should be ready for a potential move. this bar will not tell you the direction.
This indicator is following the theory of OBV "Volume should follow the price"
OBV is one of the best indicators in my experience for trading.
How to trade with this indicator.
Rules:
OBV > 0 line
Market should be considered bullish
OBV< 0 Market should be considered bearish
Moving Averages:
EMA 55 (YELLOW Line) as long OBV is above this EMA and the color is GREEN the market should be considered in trending mode.
Example:
EMA 55 could work as dynamic support and resistance
Example:
EMA 100 as long OBV is above this EMA the market should be considered in long term bullish y OBV is below this EMA (RED Cloud) the market in long term is bearish.
Example:
Divergences:
This indicator is very powerful showing less divergences if we compare this indicator with others that means less fake signals.
Yellow Bar:
This indicator is using Choppiness Index to determine if the market is getting ready to move. If you see a yellow bar you should be ready for a potential move. this bar will not tell you the direction.
This indicator is following the theory of OBV "Volume should follow the price"
Notas de Lançamento
Added Volatility.How to use:
Red:
High volatility (climax)
blue low volatility(price contracting)
Volatility is a key factor in my system of trading to determine explosive moves.
Notas de Lançamento
Added gradients to identify better the trendAdded support for different moving averages
Now volatility is optional
Notas de Lançamento
Fixed errors with colors Improved configuration window now you can personalize the colors of this indicator
Changed for calculating the positive /negative line
Removed Long term EMA 100 *please add your custom ema if you need it
Script sob convite
O acesso a este script é restrito aos usuários autorizados pelo autor e pode requerir pagamento. Você pode adicioná-lo a seus favoritos, mas só poderá utilizá-lo após solicitar permissão e obtê-la do autor. Contate LeonidasCrypto para mais informações, ou siga as instruções do autor abaixo.
O TradingView não sugere pagar por um script e usá-lo, a menos que você confie 100% no seu autor e entenda como o script funciona. Em muitos casos, você pode encontrar uma boa alternativa de código aberto gratuita nos nossos Scripts da Comunidade.
Instruções do autor
″Please send me a private message if you want to get access.
2 weeks free trial
Quer usar esse script no gráfico?
Aviso: por favor leia antes de solicitar acesso.
Trading for living!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.