OPEN-SOURCE SCRIPT

Triple OBV

3 004
The on-balance volume (OBV) is a momentum indicator reflecting the volume inflow or outflow based on the price changes. Here I further develop this indicator as a triple OBV indicator, in which I apply obv10, obv20, and obv40 as the short-, intermediate-, and long-term OBVs.

To better visualize the triple OBV movement, three OBV lines are colored-coded based on the trends (uptrend: blue; no trend: gray; downtrend: red). Also, I use obv180 as a noise filter to show the reversal signals. Note that for any given trend reversals, three OBV lines must go through a convergent phase.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.