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This is an improved version of the on balance volume indicator.
I made it inside a bollinger band channel, so we can define better the zones. At the same time I applied 2 moving averages on OBV, to get a better idea of the trend and at same time that change direction of the trend.
Green - > uptrend - > we look for buy positions
Red - > downtrend -> we look for sell positions.
At the same time we have to be aware of crosses on bollinger bands , which can indicate a change in the trend .
I made it inside a bollinger band channel, so we can define better the zones. At the same time I applied 2 moving averages on OBV, to get a better idea of the trend and at same time that change direction of the trend.
Green - > uptrend - > we look for buy positions
Red - > downtrend -> we look for sell positions.
At the same time we have to be aware of crosses on bollinger bands , which can indicate a change in the trend .
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https://docs.google.com/spreadsheets/d/1jGtFFt_6l99FsAjQ1O-XuibOBnnCTQKvAUHz_RY_v1c/edit?usp=sharing
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https://www.tradingview.com/gopro/?share_your_love=SoftKill21
https://docs.google.com/spreadsheets/d/1jGtFFt_6l99FsAjQ1O-XuibOBnnCTQKvAUHz_RY_v1c/edit?usp=sharing
DONATION
BTC: 347p8NNwnHmAUfyJXWaeLUgrpHwthmr5UP
TV
https://www.tradingview.com/gopro/?share_your_love=SoftKill21
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