OBV with linear regression so we have two type of linear regression channel 1. base on the OBV line (red =bearish,green= bullish trend) (length 50) 2-regular (length 100) when ever the OBV change direction if it bellow lower part of liner and it bullish so can be buy signal if opposite can be short signal not perfect but seems to work ,so it crude work but with some addition maybe in future i make it better for the signals on the other hand the combination the two channels seems to predict trend very good the dashed line is regukar linear channel trend //
Great work as always. Thanks. When LR1 is up and LR2 is down do we still buy under LR1 as the color of the OBV line turns green? Or should we respect LR2 for trend direction? Would really appreciate an answer.
eugenoprea
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Hello Rafael. Great script as your many others!
Would it be possible to add an alert? (I tried but i don't know why its not triggering). I really loved your OBV MACD Indicator but this one seems to trigger better trades and the lines help you to spot the trend breaks.
Thank you!
khahana
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Nice Approach! I did some back-test, seems working fairly well. Congrats
ktg0719
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You are the best thank you so much
mharuny
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Nice!!!
castifao
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I love it!
ICEKI
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What a great combination tools; appreciated your generosity mate <3