Hashem OBV+EMA/MA

2019년 11월 25일

The On Balance Volume indicator (OBV) is used to measure buying and selling pressure.
It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative OBV total. If price went down, then that day's volume is subtracted from the OBV total.
The OBV value is then plotted as a line for easy interpretation. OBV is primarily used to confirm or identify overall price Trends or to anticipate price movements after Divergences.

In addition to OBV, EMA and SMA are included. the EMA is used for Support and Resistances for the OBV. and the SMA is used by its Slope (can be S/R as well).

2019년 12월 2일

릴리즈 노트

Added Divergences Lines on the OBV Line.

(The Divergence Must be Confirmed First on the Price Action / Local Low or Local High Confirmation)


Green = Regular Bullish Divergence
Red = Regular Bearish Divergence
Aqua = Hidden Bullish Divergence
Purple = Hidden Bullish Divergence

2019년 12월 2일

릴리즈 노트

Bug Fixes.

2019년 12월 2일

릴리즈 노트

Removed the Update

2019년 12월 11일

릴리즈 노트

Added Smoothing.

2020년 2월 2일

릴리즈 노트

Code Tweak.

2020년 8월 16일

릴리즈 노트

Updated Code.

2021년 10월 8일

릴리즈 노트

Updated to v5 Pinescript.