The classic formula Close > previousClose OBV = OBVprevious + VOLUME Close < previousClose OBV = OBVprevious - VOLUME IF Close = previousClose OBV = previousOBV 1. Alternative (Close > Open) OBV = previousOBV + (Volume* (Close-Open) / (High-Low)); (Close < Open) OBV = previousOBV - (Volume * (Open-...

Jeff, Mrtools, Kvak can you decipher and tell us what is the difference between the Classic OBV calculation and these two alternative ones Im struggling to understand it....... the three codes are shown here !! What do those alternative ones by fxcodebase do?? They look deadly 😵‍💫 The classic formu...

No need adding the lower time frame function.. just the bar histogram will be enough.. so the code/indicator be as light as possible. Thanks. Also, please let it alert/change colour at candle close. I notice it changes colour before candle close, and often it reverts back to the previous color at c...

gcc wrote: Wed Mar 13, 2024 11:25 pm Hi there

Is it possible to add alerts to this indicator and also specify tiime frame and also an on/off button

Thanks

There is one of many here

ixion700 wrote: Sun Mar 10, 2024 8:16 am Is it possible to use them inside the formula? Hope I'm not asking too much since this is already great.

Price Zone Oscillator with Divergences & Regularized Moving Average Options

Sorry, just now remembered and changed out the ema's with the average options.

hi every one I have a request to edit the indicator I think it will be more usefull in this way. We should also have arrow for entering and exiting the midline level area . and also may use both normal candle and heiken ashi smoothed ? Thanks Don't have the code for that one so added arrows to the ...

If you run it through the strategy tester on visual mode, you will see that the USD line always drops to the bottom of the range on the current candle, but then a few candles later the value is corrected. Subsequently the two average values are also corrected / repainted. I posted a version with ar...

SpecialFX wrote: Tue Mar 12, 2024 9:35 am Hi there - any help with this request please?

Many thanks in advance

Looking at the code can't tell where they would repaint. Looking at the code can't tell where they would repaint and found this version with alerts and arrows.

wtjfree wrote: Tue Mar 12, 2024 8:14 am Good day Mrtools and Kvak

Have you seen any similar fibo indicator as show on the picture?

20240311203205.jpg

I don't remember seeing one like that.

Steam1 wrote: Tue Mar 12, 2024 7:49 am Hi Mrtools, On the new version I'm having a color issue , no bearish line color

Thanks, on the repaired version added a buffer and forgot to account for it in the mtf code, posted a fixed version there, sorry for the hassle.