bennef

OBV EMA X BF 🚀

Credit to Lancelot_Augur for the idea of EMAs of On Balance Volume.

The signals are generated when the faster OBV EMA crosses the slower one.

BACKGROUND COLORS:
Green = go long
Red = go short
White = you have been stopped out

This strategy uses a 3% stop loss.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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