OBV is colored green if CCI > threshold, red if CCI < threshold.
Both "threshold" and "CCI Length" can be customized using the options page.
Indicator also displays a 13EMA (length can be changed) over OBV.
Both "threshold" and "CCI Length" can be customized using the options page.
Indicator also displays a 13EMA (length can be changed) over OBV.
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
// // @author LazyBear // study("CCI coded OBV", shorttitle="CCIOBV_LB") src = close length = input(20, minval=1, title="CCI Length") threshold=input(0, title="CCI threshold for OBV coding") lengthema=input(13, title="EMA length") obv(src) => cum(change(src) > 0 ? volume : change(src) < 0 ? -volume : 0*volume) o=obv(src) c=cci(src, length) plot(o, color=c>=threshold?green:red, title="OBV_CCI coded", linewidth=2) plot(ema(o,lengthema), color=orange, linewidth=2)