OBVnew — Indicator by RafaelZioni

OBV is one of my favorite indicator so I like to make a lot of indicator from it:)
The buy and sell based on the rise or fall of the OBV by the channel
can be use in any time frame just make sure to set correct to overbought and oversold

one can add more indicator to this back bone frame to make it better

Release Notes:

Fix the OBV calculation by the help of Evergreat

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.

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