//Date: 11-Oct-22 //Author: Jatinder Sodhi OBV Indicator with colour coding. Blue - Long Red - Short
Best used for Intraday on 5 minute charts. Works well on other timeframes as well.
@Inspired by Asit Baran's RankDelta:OBV Indicator //Not an exact replica as I have found one line correctly ema(obv,21) //Whereas second line ema(obv,5) corresponds closely with Asit's indicator values but not exact. //Advisable to use along with my RSI indicator based on Asit Baran's RankDelta:RSI indicator.