OPEN-SOURCE SCRIPT
Updated On Balance Volume EMA Trend
I have just taken the On Balance Volume and added an EMA with a little color to visualize the current trend.
Release Notes
I have added alert conditions for when the OBV crosses above and below the EMA. I have also added the option to use realtime data for these alert conditions. If you wish to use only confirmed data then you need to uncheck this option and the alert will only be able to trigger when the current candle closes.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.