This indicator uses both a standard Stochastic Oscillator based on security prices and stochastically oscillated OBV values. Explanation: Stochastics measure momentum by comparing the current closing price to its lowest and highest price over a user-defined window of n periods. Without going too in depth, traders can view the K value as the current value for...
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score. OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow. Formula: if (Current Price > Previous Price) then Current OBV = Previous OBV + Current Volume if (Current Price < Previous Price) then...
Cryptohopper is an automated trading platform where you can automate your strategy based on technical indicators and candlestick patterns. OBV is one the indicators that you can automate with Cryptohopper. How can you automate it? OBV gives a Buy signal when the OBV value crosses up its moving average (default: EMA) and a Sell signal when it crosses down its...
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...
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
Just playing around with some ideas I had with On Balance Volume (OBV). Added a divergence spotter and EMA's that all uses OBV as a source. Let me know if you have any feedback! My main use of OBV: 1) Confirm trend continuation: When price has a clear trend, OBV should be aligned with the trend. 2) Discover price reversal: When price and OBV moves in opposite...
PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE ALPHA: Volume INDICATOR. Saves you and me some time in emails and messages. :) Volume is the only true predictive method for an assets movement. Most of my followers know I am volume-obsessed, volume precedes price and identifying major spikes in volume prior to an assets movement is one of the most...
The Bitcoin On-Chain OBV is a port of the classical volume oscillator that reflects the accumulation registered through the On-Chain Transactions. It also allows to source through the aggregated combined exchange volumes. The indicator can show the value either in BTC or USD.
This Indicator takes volume of retail exchanges as input - Bitfinex+Flyer+Coinbase+Bitstamp+Gemini+Binance and calculates OBV on that its always better than calculating obv based on volume of single exchange. I had excluded futures exchanges like mex, deribit as they don't represent retail
SHIT35 is an index of 35 Binance alt/BTC pairs. It provides traders with a more reliable read of BTC pairs price movement than the often uncorrelated USD market cap standard. Because it must read data coming from 35 markets, SHIT35 is painfully slow and should be kept hidden most of the time. Its features will hopefully seduce traders in using it nonetheless for...
Smoothed OBV with signal line and divergence detection
Not sure where I originally got this (somewhere off Tradingview several years ago, thanks to the person who shared), just publishing because of a request. This is basically a stochastic OBV movement indicator. It is good to work with both price and volume. I've updated to be able to display either as positive only, or both sides (50/-50), also included an invert...
Volume Ticks is a zero-lag market sentiment indicator. It works by providing a cumulative count of increasing volume columns. A one count is added for each increasing volume column where close>open, and one is subtracted on an increasing volume column if close<open. That’s it. The count does not change when volume hasn’t increased compared to the previous bar’s...