OBV oscillator

• 08/04/2021 at 11:26 PM #174690
  rnesler

  I don’t think that the (rather helpful) OBV oscillator has been included yet in the PRT library.

  Anyone happy to translate the tradingview code? It is freely available but please give credit to its creator. See below:

  // @author LazyBear
  //
  // Appreciate a note if you use this code anywhere.

  study(title=”On Balance Volume Oscillator [LazyBear]”, shorttitle=”OBVOSC_LB”)
  src = close
  length=input(20)
  obv(src) => cum(change(src) > 0 ? volume : change(src) < 0 ? -volume : 0*volume)
  os=obv(src)
  obv_osc = (os – ema(os,length))
  obc_color=obv_osc > 0 ? green : red
  plot(obv_osc, color=obc_color, style=line,title=”OBV-Points”, linewidth=2)
  plot(obv_osc, color=silver, transp=70, title=”OBV”, style=area)
  hline(0)

  

  rnesler

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  08/05/2021 at 1:41 AM #174694
  robertogozzi

  Just search the forum for OBV and you will get it.

  Use the search box that opens when your mouse hovers your avatar on the upper right corner of the blue toolbar.

   

  

  robertogozzi

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  08/05/2021 at 9:28 PM #174789
  rnesler

  Thank you for the quick response Robert. Unfortunately the search as described above does not provide me with the “OBV cycle indicator” or similar, as coded above (just screeners, divergences, PPO on OBV etc.) The standard OBV in PRT is not helpful either, as it does not allow for down-adjustment of the (20) standard period unfortunately. Above indicator allows adjustment of a short and long OBV period. (See tradingview settings of the indicator above).

  Any way above can be transcribed?

  

  rnesler

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  08/06/2021 at 3:22 AM #174797
  robertogozzi

  Probably it can be converted, but I can’t.

  Nicolas knows several languages and takes care of that, he will tell you asap.

   

  

  robertogozzi

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  09/14/2021 at 4:16 PM #177567
  robertogozzi

  Converted On Balance Volume Oscillator

  

  robertogozzi

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  11/12/2022 at 10:57 AM #204003
  Regisnew

  Bonjour à vous à partir de l’indicateur

  1. On-Balance-Volume-Oscillator2.itf

  je souhaite intégrer à un screener la condition “Différence est supérieure à Ma3” or le screener ne me retourne aucune valeur.

  myDifference, myma3 = CALL “On Balance Volume Oscillator2″[20, 14]
  c1 = (myDifference > myma3)
  SCREENER[c1] (Variation AS “% Barre prec”)

  Avez vous une idée?

  Bien cordialement

  Régis

  hello to you from flag

  1. On-Balance-Volume-Oscillator2.itf

  I want to integrate the condition “Difference is greater than Ma3” into a screener, but the screener does not return any value to me.

  myDifference, myma3 = CALL “On Balance Volume Oscillator2″[20, 14]

  c1 = (myDifference > myma3)

  SCREENER[c1] (Variation AS “% Bar prev”)

  Any idea? Sincerely Regis

  

  Regisnew

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  11/12/2022 at 11:17 AM #204005
  robertogozzi

  @Regisnew

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.

  Thank you 🙂

   

  

  robertogozzi

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  11/12/2022 at 11:34 AM #204006
  robertogozzi

  It’s better to embed custom indicators into your screener, rather than CALLing it:

  Periods = 20 Periods2 = 14 MyOBV = OBV(close) ma1 = 0 IF BarIndex > max(Periods,Periods2) THEN Sma = Average[Periods,0](MyOBV) Diff = MyOBV - Sma ONCE wmaPERC = 1 / Periods2 //ONCE maP = max(1,round(exp(0.5*log(Periods2)))) ma1 = (Diff * wmaPERC) + (ma1[1] * (1 - wmaPERC)) //Wilder Average 1 //ma2 = average[maP,0](ma1) ma3 = ma1 * exp(0.15*log(Periods2)) ENDIF //myDifference, myma3 = CALL "On Balance Volume Oscillator2"[20, 14] //c1 = (myDifference > myma3) c1 = Diff > ma3 SCREENER[c1] (Variation AS "% Bar prev")

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  Periods  = 20 Periods2 = 14 MyOBV       = OBV(close) ma1         = 0 IF BarIndex > max(Periods,Periods2) THEN    Sma           = Average[Periods,0](MyOBV)    Diff       = MyOBV - Sma    ONCE wmaPERC = 1 / Periods2    //ONCE maP = max(1,round(exp(0.5*log(Periods2))))    ma1   = (Diff * wmaPERC) + (ma1[1] * (1 - wmaPERC))     //Wilder Average 1    //ma2 = average[maP,0](ma1)    ma3 = ma1 * exp(0.15*log(Periods2)) ENDIF //myDifference, myma3 = CALL "On Balance Volume Oscillator2"[20, 14] //c1 =  (myDifference > myma3) c1 =  Diff > ma3 SCREENER[c1] (Variation AS "% Bar prev")

  

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  11/12/2022 at 6:42 PM #204034
  Regisnew

  merci beaucoup, c’est parfait
  thank you very much, it’s perfect

  

  Regisnew

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  11/12/2022 at 10:12 PM #204041
  robertogozzi

  @Regisnew

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.

  Thank you 🙂

  

  robertogozzi

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