On Balance Volume Modified

Here is a smoothed version of the classic OBV indicator with a signal line. You can use it to look for signal line crossovers and divergences. The signal line is a 10-day EMA of the OBVM line. Typically, the signal line can vary from 10 to 50.

This was just published by Vitali Apirine in the latest issue of Stocks & Commodities (April 2020) p22-25

Please let me know if you want me to publish any other indicators or if you have any questions!

ملاحظات الأخبار

updated to match my other indicators

ملاحظات الأخبار

fixed issue with default resolution

نص برمجي مفتوح المصدر

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

cheatcountry

I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry

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