Re: OBV (On Balance Volume)
11This seems to be of some use, and may be close to what your looking for,it's close to the floating levels concept. It's a breakout of the upper/lower levels by obv. It's mtf with alerts on histo color change.
Thank you so much @mrtools Sir.. This means a lot to me...mrtools wrote: Sun May 07, 2017 3:45 am This seems to be of some use, and may be close to what your looking for,it's close to the floating levels concept. It's a breakout of the upper/lower levels by obv. It's mtf with alerts on histo color change.
ashetty033 wrote: Sun May 07, 2017 7:19 am Sir,
Needed an OBV Histo indicator for the following conditions:
GREEN : If OBV is above its YDC( Yesterday's Close ) & DBYC ( Day Before Yesterday's Close )
RED : If OBV is below its YDC & DBYC
BLUE : If OBV is above its YDC but below DBYC
YELLOW : If OBV is below its YDC but above DBYC
Sir I request you to please check whether the indicator can be coded for the above conditions..
Thanks,
Did you succeed in your quest?ashetty033 wrote: Mon May 08, 2017 1:39 pm GREEN : OBV > YDC > DBYC or OBV > DBYC > YDC
RED : OBV < YDC < DBYC or OBV < DBYC < YDC
BLUE : YDC < OBV < DBYC
YELLOW : DBYC < OBV < YDC
No Sir..