Still early phase. Looks at volume pressure over the course of a bar and compares to the last x bars to see if sell or buy pressure is greater. Visualized as an indicator and barcolor. Recommended length: 100
This indicator finds the average time of High or Low formed in sessions. This is a request from trader @Salmanmahmood15 . You need permission from him to fully use it
Hello all, As my RSI divergences script became popular, I got few requests for making divergences scripts on other indicators. One of most popular and requested indicators next to RSI is OBV (on balance volume) which measures buy and sell volume based on candle close (green/red). So finally, here it is, divergences script for OBV. I'll probably also make candle...
It compares how much the asset has gone up or down in % more or less relative to BTC % increments. It can also be converted into an oscillator
Plots diag breakouts and breakdowns of on balance volume. Toggle allows you to turn diags on and off. Default leaves them off since it's easier to view obv this way. green = breakout lime = parabolic breakout red = breakdown fuchsia = sell-off all other colors are indicative of chop
Previous Day High and Low Breakout Bar Color
Previous Day High and Low Breakout Strategy