Anchored OBV SpaceManBTC
Anchored OBV SpaceManBTC
The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure.
On Balance volume is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences.
Anchored On Balance Volume unlike traditional OBV resets on your specified sessions: D, W, M, 3M, 4M, 6M, 1Y.
The actionable data is more useful HTF to see a potential long term trend change relative to the session reset chosen.
User can choose to disable highlightable session reset.
Recommended settings:
Daily tf with 3Month session pretty useful for the run so far. But please experiment away and share your results!
ToDo:
Non Reset Functionality,
Perhaps more timeframes
The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure.
On Balance volume is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences.
Anchored On Balance Volume unlike traditional OBV resets on your specified sessions: D, W, M, 3M, 4M, 6M, 1Y.
The actionable data is more useful HTF to see a potential long term trend change relative to the session reset chosen.
User can choose to disable highlightable session reset.
Recommended settings:
Daily tf with 3Month session pretty useful for the run so far. But please experiment away and share your results!
ToDo:
Non Reset Functionality,
Perhaps more timeframes
Versionsinformation:
Added none reset time so users can avoid using OBV and use this as an all in one tool.
Versionsinformation:
Updated 1Y to 12M for compatability.
Updated Default Start time for 1M as its more useful imo
Updated Default Start time for 1M as its more useful imo