Heavy OBV

٥ فبراير ٢٠٢١

A tweaked version of the classic OBV

Added a EMA to help with trend gauging (Slow OBV)

and also the color changing momentum to confirm that cross.

You can also adjust this indicator for any time frame.


Very easy to use

When HOBV is under the Slow and momentum bearish (black) then shorting is favorable
When HOBV is over the Slow and momentum is bullish (cyan) then longing is favorable.

Cheers!!