CONSOL SPOT BITCOIN OBVA better OBV analysis tool hardcoded for combined Spot Bitcoin Exchange Volume.
Will dynamically change with Timeframe
Won't Dynamically change with the ticker.
Exchanges:
STAMP BTCUSD
COINBASE BTCUSD
COINBASE2 BTCEUR
COINBASE3 BTCUSDC
COINBASE4 BTCGBP
BINANCE BTCUSDT
BINANCE2 BTCUSDC
BINANCE3 BTCPAX
BITFINEX BTCUSD
KRAKEN XBTUSD
KRAKEN2 XBTEUR
온밸런스볼륨 (OBV)
Fisher Transform on OBVApplies Ehlers Fisher Transform on to OBV, with EMA as trigger line.
Useful for identifying overbought and oversold conditions.
On Balance Volume Disparity IndicatorThe On Balance Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic OBV indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the obvdi rises above its signal line and sell when it falls below the signal line.
This was a special request so let me know what other indicators you would like me to write scripts for!
Modified version of On-Balance Volume [ChuckBanger]This is a smoothed version of the classic On-Balance Volume indicator. And I added a signal line with alerts that the user can set through TradingViews alert panel to indicate long or short play. I also find that this indicator is good to do divergences analysis on the asset you want to trade.
Divergence Detector v1This indicator looks for divergences between price (close) and the indicator of your choice. You can see which indicators are supported further down. I discovered that there are 2 slight variations on how to calculate divergences in Pinescript, so I used both in this script.
Benefit : The accuracy of divergence detection becomes much higher.
Tradeoff : Some of the labels will overlap each other, not looking too pretty. I know how to fix this, but I didn't prioritize it with this version.
Supported indicators:
RSI (Relative Strength Index) - www.investopedia.com
ROC (Rate of Change) - www.investopedia.com
CCI (Commodity Channel Index) - www.investopedia.com
OBV (On Balance Volume) - www.investopedia.com
You can switch between them in the settings display of the indicator. Default is set to RSI.
Lancelot Volatility Volume DeltaThis indicator calculate the delta of the volatility adjusted on-balance volume.
This could be use as a filter or trigger in a system.
DMI + ADX + OBVThis trend following indicator is made up of 3 parts.
A normalized (OBV) On Balance Volume (the gray line) which ranges between -100 and 100 and has a 55 period SMA overlayed (the orange line) to give an indication of the overall trend as far as volume goes.
- If the volume decreases without a drop in price, it might indicate a move down.
- If volume increases without a rise rise in the price, it might indicate a move up.
The (DMI) Directional Movement Indicator which shows the strength of the bulls versus the bears.
- The red line measures how strongly price moves downwards.
- The green line measures how strongly price moves upwards.
One way to trade this is on crossovers e.g.when the green line crosses the red; although it's best to combine this with another indicator or pattern for confirmation.
Another useful feature of the DMI is the ability to see strength of buyers and sellers pressure at the same time, acting as a confirmation before entering a trade.
The third way to use the DMI is when price makes a new high but the green line does not. (Or the price makes a new low and the red line doesn't) This is known as divergence and should act as a warning to tighten your stops or take profits because it signals a possible change of direction.
The last part of the indicator is the (ADX) Average Directional Index
This is the blue line and shows the strength of the trend regardless of direction. This can act as a confirmation for the DMI or other indicators in your trading system.
When the blue line is:
- above the green shaded area there is an extreme trend.
- in the green shaded area there is a very strong trend.
- in the yellow shaded area there is a strong trend.
- below the yellow shaded area there is no trend.
Modified OBV w/ Divergence Detection by CryptorhythmsApirine OBV-M Modified OBV w/ MA Selection by Cryptorhythms
Intro
Released in the April 2020 issue of TASC, and created by Vitali Apirine.
Description
OBV-M is of course based on the classic indicator on balance volume originally developed by Joe Granville. Apirine then smooths the calculation and adds a signal line to help denote entry and exit points.
As the author points out uts also great at showing divergences!
Extras
As usual when porting indicators to the library here on tradingview, I like to add some extra flare!
💠MA selection to allow you to experiment with alternate settings
💠Bar coloration based on trade state for easy visual at a glance chart checking
💠Divergence Detection and plotting thanks for Ricardo Santos' script
Enjoy!
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 78th script on Tradingview!
Seperate OBV by altcoinrookieVolume based indicator.
Calculates 14 period average green and red volume bars. Makes comparison betweeen them.
(D7R) OBV+Custom D7R version of the traditional OBV (On Balance Volume) enhanced with an EMA and D7R signature color scheme.
Includes Histogram mode which is great for divergences analysis.
OBV w/BB+EMAOBV plotted with Bollinger Bands to show whether the volume is breaking out from its normal deviation (both up or down). The OBV changes color depending on the macro trend which is set using a 100 EMA.
[CryptoWho] Multi DivergencesThis script looks for divergences on up to six indicators, sums them up and draw a histogram below the chart.
You have several options to customize the output:
1. indicators: RSI, Stoch RSI, MACD, CCI, OBV, WaveTrend (LazyBear)
2. Divergences: Regular, hidden, both
3. Lookback period for divergences
BITSTAMP:BTCUSD
[KICK] Smart OBVCD DivergencesThis indicator is part of a pair of indicators that make it easier to spot divergences in On Balance Volume , but make the calculations using a unique method. THIS ONE IS IN THE UPPER (PRICE ACTION) PANE OF THE SAMPLE CHART.
Volume is segmented into buy or sell volume by analyzing smaller timeframes (down to 1 minute)
The sell vs. buy volume is calculated as a running total (as per normal OBV calculations)
The Convergence/Divergence of the OBV Buy and Sell volumes are calculated and smoothed with 3rd generation averaging methods
The Smart OBVCD indicator (THE RELATED INDICATOR) visualizes the above calculation on a histogram to make it easier to see the values and how they relate to the price action.
The Smart OBVCD Divergence indicator (THIS ONE) plots Regular and Hidden Bullish and Bearish divergence on higher timeframes based on the calculations and also provides early “warnings” for unconfirmed divergences forming (note: these are unconfirmed because the higher high or lower low have now yet been confirmed on the higher timeframe).
Use the link below to watch a tutorial video, request a trial, or purchase for access.
[KICK] Smart OBVCDThis indicator is part of a pair of indicators that make it easier to spot divergences in On Balance Volume, but make the calculations using a unique method. THIS ONE IS IN THE LOWER PANE OF THE SAMPLE CHART.
Volume is segmented into buy or sell volume by analyzing smaller timeframes (down to 1 minute)
The sell vs. buy volume is calculated as a running total (as per normal OBV calculations)
The Convergence/Divergence of the OBV Buy and Sell volumes are calculated and smoothed with 3rd generation averaging methods
The Smart OBVCD indicator (THIS ONE) visualizes the above calculation on a histogram to make it easier to see the values and how they relate to the price action.
The Smart OBVCD Divergence indicator (THE RELATED INDICATOR) plots Regular and Hidden Bullish and Bearish divergence on higher timeframes based on the calculations and also provides early “warnings” for unconfirmed divergences forming (note: these are unconfirmed because the higher high or lower low have now yet been confirmed on the higher timeframe).
Use the link below to watch a tutorial video, request a trial, or purchase for access.
unRekt - KISS OBVOBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.
CMF Osc - Chaikin Money Flow Oscillator [UTS]The well known Chaikin Money Flow Indicator as oscillator version.
General Usage
The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend.
It can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
PVT Osc - Price Volume Trend Oscillator [UTS]The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend.
The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher daily closes and subtracts them when price registers a lower daily close, the PVT adds or subtracts only a portion of the volume from the cumulative total in relation to a percentage change in price.
The general market consensus is that this difference enables the PVT to more accurately represent money flow volumes in and out of a stock or commodity.
The PVT has been designed so that it is capable of forecasting directional changes in price. For instance, if the price of a stock is rising and the PVT begins to fall, then this is indicative that a price reversal could occur very soon.
The general consensus is that the PVT is more accurate at detecting new trading opportunities than the OBV because of the differences in their construction. The OBV is designed so that it adds the same amount of volume whether the price closes upwards by just a small fraction or by multiples of its day opening value. On the other hand, the PVT adds volume proportional to the amount the price closed higher.
General Usage
Plain old PVT can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Or controversy, disallow LONG trades in bearish territory and disallow SHORT trades in bullish territory.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
OBV Osc - On Balance Volume Oscillator [UTS]The oscillator version of the well known On Balance Volume Indicator (OBV).
General Usage
Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
MFI - Money Flow Index [UTS]Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.
Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI.
Usage:
When analyzing the money flow index one needs to take into consideration the following points:
divergences between the indicator and price movement. If prices grow while MFI falls (or vice versa), there is a great probability of a price turn;
Money Flow Index value, which is over 80 or under 20, signals correspondingly of a potential peak or bottom of the market.
Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow.
Based on www.metatrader5.com
ADL - Accumulation Distribution Line [UTS]an underlying asset.
It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution Index.
Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow.
Based on www.metatrader5.com
Multi EX OBV [by coral1213]Multi Exchanges OBV
Use the security function to call volume information from 10 exchanges. So there is a slight delay when loading.
Hashem OBV (V2)HASHEM OBV (V2)
The OBV is one of the most powerful indicators for spotting divergences and local highs and lows.
This OBV is trapped in a channel between -100 and 100. the Fast OBV is smoothed by 2 (Default) and the Slow OBV is smoothed by 4 (Editable) .
The Idea is when the Fast OBV crosses the Slow it's a setup. when this cross happens on the Top and Bottom Zones it'll have more weight.
The Difference between the Fast and Slow is shown on the Zero Line. when the slope of it is positive it means the previous setup is being played. But when it comes to 0 or/and Reverse, it means the previous setup is either played or it'll not be played.
Also, an EMA and SMA (source form Slow OBV ) are included. the EMA is used for Support/Resistance and the SMA is used for its Slope and the position in the Zones .
NOTE THAT THIS IS NOT A SIGNALING INDICATOR, YOU MUST CONFIRM THEM WITH YOUR OWN TA.