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RafaelZioni
12 Th10 2020 12:29

OBV-X 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

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Old private script but very nice for detection of trends
it a hybrid of OBV with RSI and multiple type of MA
if we change length of MA we can make to be like stoch type indicator
same princeple as RSI but since its OBV it more responsive
you can buy if cross lower treshold or sell if crossdown upper treshold (can be set by menue)
or you can by and sell in this example by cross between the fast and slow OBV RSI MA
different MA give different results
so another toy to play with
in past I use this script for my trading to detect trends
signal and alerts are included
the fast one is color green (bullish), red (bearish)the slow one is black
so another toy to play with to those who love OBV :)

here example of forex

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Algorca
Thanks for sharing this source
With your permission, I will use the MA functions in my codes.
RafaelZioni
@XBTBAX, ok
mathenger
this chart is predicting OBV divergence. hahaha, let's prepare for long position!!!
RafaelZioni
@mathenger, yep.btc went up very nice:)
mathenger
@RafaelZioni, perhaps somewhat coupling nasdaq
mathenger
@RafaelZioni, but i think it will be bearish again soon!!
because the RSI Divergence on the 4h chart
brianbailleul
Nice script. But weirdly the MA Slow doesn't work for a number of pairs or time frames
dubertolini
Muito bom esse indicador. Coloquei o OBV em 5 e a média longa em 52 (padrão), em AVG. Só entro quando o preço cruza minha média móvel plotada no mapa e o indicador confirma. Em tendências, notei que nessa configuração o seu indicador antecipa as correções de preço com uma boa taxa de acerto. Obrigado!
AshitankMishra82
Very nice script to pick up on divergence. Thanks
krajesh
really thanks for nice script
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