Re: OBV (On Balance Volume) indicators for MT4

128
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..
Probability is Key!

Re: OBV (On Balance Volume) indicators for MT4

129
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...
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naluvs01

Re: OBV (On Balance Volume) indicators for MT4

130
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.