This script focuses on On Balance Volume and detection of varying Accumulation and Distribution phases.
It also incorporates Moving Average Cross-Over/Cross-Under alert/shapes, to provide plots and alerts for these events, which correspond as Buy / Sell warning signals.
The default length of the Moving Average is 21 periods, and the default MA type is SMA. You can customize the length, as well as switch it to an EMA or HMA.
It also incorporates Moving Average Cross-Over/Cross-Under alert/shapes, to provide plots and alerts for these events, which correspond as Buy / Sell warning signals.
The default length of the Moving Average is 21 periods, and the default MA type is SMA. You can customize the length, as well as switch it to an EMA or HMA.
- Bryan G.