On Balance Volume + Trend + Divergences

7 במרץ 2021

Modification of original OBV indicator, with addition of Divergences identification & coloring OBV Line based on line (OBV either above or below EMA20 applied to OBV). Indicator works great in correlation with Volume, Stochastic and DMI and shows potential reversals earlier.

9 במרץ 2021

הערות שחרור

Additional Information:

- OBV line is colored based on its' position in relation to EMA20 calculated from OBV - if OBV is above EMA it's colored green, if below - it's red
- EMA20 from OBV line is hidden in order to simplify reading of trend
- Added automatic divergence identification (code from PineCoders) as those are early signs of potential reversals