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NeoButane

Variable Volume Oscillator v1 [NeoButane]

NeoButane Updated   
Oscillators Centered Oscillators Volume Chaikin Money Flow (CMF) On Balance Volume (OBV)
101
20
oscillator centeredoscillator volumestudies chaikinmoneyflow onbalancevolume
These are volume based indicators put onto an oscillator by using SMA for most of them. Most volume based indicators are leading indicators so you may find a use for each of them. The WMA is a length of 21, as suggested by the original inventor of OBV. It is useful for crosses and determining future moves.

What's currently included:

  • OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move
  • OBV Oscillator, original OBV formula.
  • Price Volume Trend Oscillator. Similar to OBV, except price is taken into account as well.
  • Price Volume Trend Oscillator, log.
  • Accumulation/Distribution. (close - low) - (high - close) / (high - low), then multiplied by volume
  • Chaikin Money Flow. Very similar to accum/dist except it was already made into an oscillator.
  • OBV just by itself
  • Experimental function that utilizes a part of CCI
Release Notes:
Switched default oscillator
My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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