OPEN-SOURCE SCRIPT
Updated OBV w/BB+EMA
OBV plotted with Bollinger Bands to show whether the volume is breaking out from its normal deviation (both up or down). The OBV changes color depending on the macro trend which is set using a 100 EMA.
Release Notes
MULTIPLE EXCHANGE DATA UPDATE:- Now with the added feature of pulling data from multiple exchanges (for BTCUSD) and calculating a simple average. The following pairs used are: BITSTAMP:BTCUSD, BINANCE:BTCUSDT, COINBASE:BTCUSD, BITFINEX:BTCUSD and KRAKEN:BTCUSD. This feature is off by default
- There is also an option to disable Binance Data for the option above, as it has no data pre Aug 2017
- You can now select the timeframe you would like the OBV to be calculated with (Daily is default)
Release Notes
Alterations to the codeOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.