Hi, I enjoy using this indicator. There's a couple of things that still puzzle me though. In the OBV CCI Histogram, how do I make sense of the columns above zero line but still show up as red, and likewise, the columns below zero line but show up as green bars ? Overall, the histogram looks similar to the CCI histogram. I wonder how can I read either the CCI or OBV info from the combined histogram? Because it looks like something totally new to me.
vuminhquang
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Hello,
I plan to make a strategy to evaluate your indicator's performance. Can you share how do you calc the OBV histogram?
Thank you
MesattoCapital
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@vuminhquang, OBV
src = close
OBV = cum(sign(change(src)) * volume)
//Oscillator is calculated
OUT = ema(((OBV-ema(OBV,N1)) / (0.015 * ema(abs(OBV-ema(OBV,N1)),N1))), N2)
@MesattoCapital, Can u please explain the OBV CCI code please ??
fcpo83ahmadsobri
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This indicator very awesome. 80% accurate. for me. do many backtest to see the result and add another indicator for direction confirmation, SELL or BUY. Also it can detect the momentum and direction change of market.
mahesh2306
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Hi can I get the source code ?
mahesh2306
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Hi can I get the source code?
Kunal_gowda_
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can you please share code of this indicator this is soo good mail me @Kunalgowda