Page 13 of 14
Re: OBV (On Balance Volume) indicators for MT4
Posted: Sun Jan 21, 2024 8:46 am
by ralf_dias
kvak wrote: Sun Jan 21, 2024 7:42 amtry....
Thank you my friend
Re: OBV (On Balance Volume) indicators for MT4
Posted: Tue Apr 16, 2024 5:13 am
by alpha24
Hi dear MrTools,
will you please make this indicator colorful according to slope.
change color on slope only and nothing else.
please,
Re: OBV (On Balance Volume) indicators for MT4
Posted: Tue Apr 16, 2024 5:49 am
by mrtools
alpha24 wrote: Tue Apr 16, 2024 5:13 am
Hi dear MrTools,
will you please make this indicator colorful according to slope.
change color on slope only and nothing else.
please,
Added slope coloring.
Re: OBV (On Balance Volume) indicators for MT4
Posted: Tue Apr 16, 2024 6:22 am
by alpha24
Dear MrTools,
Thank you very much. I am thankful of you by heart.
here is how you indicator looks like.
Re: OBV (On Balance Volume) indicators for MT4
Posted: Wed Nov 20, 2024 7:56 pm
by YeungKwan
Hi dear MrTools.
Please help me edit it，As shown in the figure.
If and when possible，please pass back as mql，Thank you in advance.
Re: OBV (On Balance Volume) indicators for MT4
Posted: Thu Nov 21, 2024 3:45 am
by mrtools
YeungKwan wrote: Wed Nov 20, 2024 7:56 pm
Hi dear MrTools.
Please help me edit it，As shown in the figure.
If and when possible，please pass back as mql，Thank you in advance.
Far as I can tell it is not possible with that indicator.
Re: OBV (On Balance Volume) indicators for MT4
Posted: Thu Nov 21, 2024 3:54 am
by YeungKwan
mrtools wrote: Thu Nov 21, 2024 3:45 am
Far as I can tell it is not possible with that indicator.
Thank you my friend
Re: OBV (On Balance Volume) indicators for MT4
Posted: Sun Feb 02, 2025 9:28 am
by naluvs01
Hi Mr. Tools and coders, respectively,
Can you please add alerts when the moving averages cross? I only need two averages, but if you can make it when all three align, that would be great! Also, an option for the OBV to be included in the crossovers would be helpful. In other words, Option One will allow me to trade when the averages are in alignment (ignoring the OBV) and Option Two will allow me to trade if the OBV and MAs are in alignment.
If it's too much to ask, I would rather have alerts when the averages cross because I can always set the 1st average to 1 and get the same results. Thank you in advance for your time and consideration!!!!!
P.S. Also, arrows would be nice on crosses as well..
Re: OBV (On Balance Volume) indicators for MT4
Posted: Tue Feb 04, 2025 4:24 am
by kvak
naluvs01 wrote: Sun Feb 02, 2025 9:28 am
Hi Mr. Tools and coders, respectively,
Can you please add alerts when the moving averages cross? I only need two averages, but if you can make it when all three align, that would be great! Also, an option for the OBV to be included in the crossovers would be helpful. In other words, Option One will allow me to trade when the averages are in alignment (ignoring the OBV) and Option Two will allow me to trade if the OBV and MAs are in alignment.
If it's too much to ask, I would rather have alerts when the averages cross because I can always set the 1st average to 1 and get the same results. Thank you in advance for your time and consideration!!!!!
P.S. Also, arrows would be nice on crosses as well..
Hello.
I added arrows/alerts for signals cross and signals cross obv. Test it...
Re: OBV (On Balance Volume) indicators for MT4
Posted: Sun Mar 23, 2025 12:25 am
by CrystalG
hello guys!
this is about divergence.
from what I understand if a volume added into the market then OBV line should rise and vise versa, in other words OBV moves in line with the price in general.
however in this screenshot I see OBV falling but price is going up (reversing) this is not typical divergence I see from internet posts and teachings. yes it is divergence but what is the catch behind it. can anyone explain it to me please? I searched the net about this but found nothing.