Libertus

OBV On Balance Volume - Divergences - Libertus

Hello all,

As my RSI divergences script became popular, I got few requests for making divergences scripts on other indicators.
One of most popular and requested indicators next to RSI is OBV ( on balance volume ) which measures buy and sell volume based on candle close (green/red).

So finally, here it is, divergences script for OBV. I'll probably also make candle edition script after I iron out bugs on this one.

Have fun and good luck with trading.

Note for those that are not familiar, here you can find my RSI divergences scripts:
RSI Divergences - regular - RSI Divergences - candle edition -
Oct 19
Release Notes: What new:
  • adapted script to new pine language version (v4)
  • removed 8 n/a value that were cluttering indicator interface next to RSI value (only possible with v4 pine language)
  • added option to have colored indicator background instead of BULL/BEAR labels


You can also check out my two other popular divergences scripts.

RSI divergences

RSI divergences - Candle edition
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Is this v3?
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@dane4, by v3 you mean pine v3 or something else? If you meant pine v3, no, it's now adapted to pine v4 since 19th October.
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