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cheatcountry
Apr 25, 2020 4:50 PM

On Balance Volume Reflex 

Apple Inc.NASDAQ

Description

The On Balance Volume Reflex Indicator was developed by Fred Purifoy (Stocks & Commodities V 6:4 142-144) and it is similar in calculation to the On Balance Volume indicator but uses a lookback period for the change comparisons. Buy when the OVR is above the signal and sell when it falls below the signal.

I have included my On Balance Volume Modified Indicator to highlight the differences between both indicators.

Let me know if you would like to see me write scripts for more indicators!

Release Notes

updated to match my other indicators

Release Notes

fixed issue with default resolution
Comments
Chakku
Appreciate your work Sir!
cheatcountry
@Chakku, thank you!
blackcat1402
great work, thanks for sharing!
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