An attempt to combine LazyBear's Weis Wave Volume & OBV Oscillator into one indicator
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Nice compilation !
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what kind of indicator is VCM?
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@MasaFX, it's an attempt to combine OBV + weis wave volume into one indicator. it's a hybrid volume oscillator
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Looks pretty interesting, thanks for sharing!
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@wroclai, it didn't turn out exactly how I thought it would turn out - I wanted something that combined the sequential waves of the Weis indicator, but also enabled you see/spot divergences (i.e. with OBV). Possibly in the future I will revisit this kind of hybrid volume indicator again with a different approach
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