[astropark] Renko OBV divergences

2019년 12월 17일

Dear Followers,

today a new great Scalper Tool, based on Ob Balance Volume (OBV) oscillator, which works from 1 minute timeframe Renko chart, which is the best and more secure timeframe to use on a Renko chart. But of course it works great on all timeframes (included the 1D timeframe), both on FOREX and on Cryptocurrencies!

This tool has some cool features:

• it works on all timeframes, starting from 1 minute: so you can enjoy high-frequency trading by using a 24/7 running bot and a proper money and risk management strategy
  
• it shows you both bullish and bearish divergences with a triangle up or down respectively
  
• when it finds a strong bullish/bearish divergence, a flag will be displayed instead of a triangle
  

This script will let you set all notifications you may need in order to be alerted on each triggered divergence.

You may like to use it together with my Renko Scalper V2

and my Renko RSI Divergences indicator

On Bitmex/ByBit/Binance Bitcoin/USD chart best settings is Traditional Renko chart with 10$ box size, while 0.5$ box size is suggested on Ethereum/USD pair.


This is a premium indicator, so send me a private message in order to get access to this script.

2020년 1월 3일

릴리즈 노트

Added support for hidden bullish and bearish divergences too!

2021년 9월 16일

릴리즈 노트

bug fix

2024년 6월 27일

릴리즈 노트

Script updated!

• added analysis window option
  
• upgrade to Pine Script V5