Advertisement
heizenberg

OBV [MTG]

Feb 23rd, 2015
314
0
Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
text 0.91 KB | None | 0 0
  1. // Feel free to try out different types of MAs and also different parameters
  2. // You can also hide MAs that you don't need
  3. // in the "Style" section of the indicator settings (gear button)
  4. // © MagnusTradingGroup
  5.  
  6. study(title="OBV [MTG]", shorttitle="OBV [MTG]")
  7.  
  8. src = hlc3
  9.  
  10. obv = cum(change(src) > 0 ? volume : change(src) < 0 ? -volume : 0*volume)
  11.  
  12. len1 = input(6, minval=1, title="MA Short")
  13. len2 = input(50, minval=1, title="MA Long")
  14. len3 = input(24, minval=1, title="MA Long 2")
  15. len4 = input(240, minval=1, title="MA Long 3")
  16.  
  17. short = wma(obv,len1)
  18. long = sma(obv,len2)
  19. long2 = ema(obv,len3)
  20. long3 = sma(obv,len4)
  21.  
  22. color = long>long3?aqua:fuchsia
  23.  
  24. plot(obv, color=teal, title="OBV")
  25. plot(short, color=white, title="Short MA")
  26. plot(long, color=orange, title="Long MA")
  27. plot(long2, color=lime, title="Long MA2")
  28. plot(long3, color=maroon, linewidth = 2, title="Long MA3")
  29.  
  30. bgcolor(color, transp=94)
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement