OPEN-SOURCE SCRIPT
OBV Oscillator with Divergence Circles
Credit to original code from the 'PPO Divergence alerts' by Scarf and OBV Oscillator by LazyBear is used as the input.
Replication of Lunndi 'OBV Divergence Alerts (BETA)' script with additional divergence logic implemented.
OBV-based divergence logic adapted from RSI divergence logic added in addition to existing divergence logic.
Modify length and smoothing to suit your trading style. Open source free for use.
Replication of Lunndi 'OBV Divergence Alerts (BETA)' script with additional divergence logic implemented.
OBV-based divergence logic adapted from RSI divergence logic added in addition to existing divergence logic.
Modify length and smoothing to suit your trading style. Open source free for 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.
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.