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Redallica

OBV Strategy

Redallica  
Trend Analysis Volume Moving Averages exponentialmovingaverage
75
0
trendanalysis volumestudies movingaverage exponentialmovingaverage
A simple strategy to give buy/sell signals based on OBV and EMA crossover/crossunder.
When OBV crossunder the EMA it gives a sell signal. When OBV crossover EMA it gives a buy signal.

You can adjust the length of the EMA . By default it is set to 9
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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