Volume Keseimbangan / On Balance Volume (OBV)

KryptoNight

Enhanced On Balance Volume "On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1960s. He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward, and vice versa." The On...

ericisom887

For private peeps only - Takes a modified version of the CCI formula into 2 parts VCI - Volume Channel Index (Yellow Histogram) - Measures accurate accumulation and distribution levels and times MCI - Modified Channel Index - Measures (when compared to VCI) levels where clearly buys are interested vs not interested. Example: If VCI > MCI - Shows buyer's are...

alexpunct Diupdate 

On Balance Volume with 13 Exponential Moving Average. Taught in school Level 1 program.

SlyCooper

General Market sentiment decoded from two Lazybear OBV's and a CCI. Lots of strategies with this. Main point is this indicator tries to be extra sensitive to relative volume changes but keep grounded in sentiment with the cci. Let me know if you use this! -Beaverman

cI8DH Diupdate 

This is the simplified and optimized version of my original ADV indicator. It shows both regular volume bars and the accumulated/distributed (A/D) portion of them. The equation is elegant and intuitive. It calculates candle body to candle height ratio and multiplies it by volume: volume*(close-open)/(high-low). This is the building block of my three other...

cI8DH Diupdate 

This indicator shows Accumulation/Distribution level which can be used for confirming trends or reversals (via divergence). It is an alternative to Chaikin's Accumulation/Distribution Line (ADL) and On Balance Volume (OBV) indicators. It can also replicate PVT and OBV via options in the input menu. Here is a comparison of four related indicators: OBV is too...

cI8DH Diupdate 

This is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV). When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the...

wildarms

mod of lazy bear's OBV coded CCI , which indicates CCI state by changing the color of the OBV. now it shows you when CCI is overbought or oversold, not just one or the other when CCI > 100, that's an oversold signal and OBV line turns green when CCO -0.54% < -100, that's an undersold signal and OBV line turns red CCI threshold can be changed (ex. 200...

HolRiz

This ones useful for spotting divergence on OBV, and also includes CCI to show overbought and oversold areas in the volume. I've coloured the OBV bar with the CCI levels. Look for divergence (best results on 5min chart I believe) with this and you can spot where to sell if a second peak is not supported by volume, also shows where the big guns are dumping lots of...

Lemrin Diupdate 

Just a quick OBV indicator for intraday trading that resets to 0 at the start of each new session (based on dayofmonth changes). I saw someone looking for this in chat and jotted it down for him.

SudeepBisht

Strategy- Buy Order: Previous obv value is green and obv_cci coded line crosses over ema line Sell Order: Previous obv value is red and obv_cci coded line crosses under ema line. Original Idea: Preferable for day/week intervals. For Tips to continue :) - BTC: 1BjswGcRR6c23pka7qh5t5k56j46cuyyy2 ETH: 0x64fed71c9d6c931639c7ba4671aeb6b05e6b3781 LTC:...

fskrypt Diupdate 

This is a straightforward modification of LazyBear's CCI-coded OBV indicator with the following changes: 1) uses log-hl2 as source, which seems to be a more stable indicator of price change than close 2) adds optional price smoothing

bricoleurs

IDEA is to easily spot the length of a calm periods based on OBV. Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely) METHOD: variance of OBV ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.) Period shall be adjusted to the market. PERSONAL: I also use it to evaluate...

maqpie Diupdate 

I decided to make this formerly invite only script public (you can find the invite only version here If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well. I would love to know your ideas and thoughts on how this indicator can be improved, so...

stuehmer

The script applies an EMA to OBV . By default, the EMA=13 periods. All calculations are based off the closing price.

spacetrader

modified equation using sum of volume*hlc3*(close-open)/(high-low) to give more accuracy of distribution within a single candle unlike regular obv.

pcosmin

OBV with a 21 days simple moving average

spacetrader

OBV takes difference between old close and new close and multiplies by volume without considering high and low. This assigns the entire volume into a single direction even tho movement could've been in both. Accum/dist takes difference between close and high and low without considering previous close or open. This causes huge deviation from OBV when you have...