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On request from SunnyBTC for trading Forex pairs that do not themselves have any volume indication.
The concept: A simple OBV that will display the volume of a security other than what you are charting.
Edit: This script has been updated.
On request from SunnyBTC for trading Forex pairs that do not themselves have any volume indication.
The concept: A simple OBV that will display the volume of a security other than what you are charting.
Edit: This script has been updated.
//Pip Foundry - Simple OBV study(title="Pip Foundry - Simple OBV", shorttitle="Pip Foundry - Simple OBV") SecInput = input(defval="FX_IDC:EURUSD", title="Security Volume", type=symbol, confirm=true) VolSrc = security(SecInput, period, volume, false) src = security(SecInput, period, close, false) obv = cum(change(src) > 0 ? VolSrc : change(src) < 0 ? -VolSrc : 0*VolSrc) plot(obv, color=blue, title="OBV")