Volume Weighted HMA Index | mad_tiger_slayerTitle: 🍉 Volume Weighted HMA Index | mad_tiger_slayer 🐯
Description:
The Volume Weighted HMA Index is a cutting-edge indicator designed to enhance the accuracy and responsiveness of trading signals by combining the power of volume with the Hull Moving Average (HMA). This indicator adjusts the HMA based on volume-weighted price changes, providing faster and more reliable entry and exit signals while reducing the likelihood of false signals.
Intended and Best Uses:
Used for Strategy Creation:
Extremely Quick Entries and Exits
Intended for Higher timeframe however can be used for scalping paired with additional scripts.
Can be paired to create profitable strategies
TREND FOLLOWING NOT MEAN REVERTING!!!!
[Key Features:
Volume Integration: Dynamically adjusts the HMA using volume data to prioritize higher-volume bars, ensuring that market activity plays a crucial role in signal generation.
Enhanced Signal Clarity: The indicator calculates precise long and short signals by detecting volume-weighted HMA crossovers.
Bar Coloring: Visually differentiate bullish and bearish conditions with customizable bar colors, making trends easier to identify.
Custom Signal Plotting: Optional long and short signal markers for a clear visual representation of potential trade opportunities.
Highly Configurable: Adjust parameters such as volume length and calculation source to tailor the indicator to your trading preferences and strategy.
How It Works:
Volume Weighting: The indicator calculates the HMA using a volume-weighted price change, amplifying the influence of high-volume periods on the moving average.
Trend Identification: Crossovers of the volume-weighted HMA with zero determine trend direction, where:
A bullish crossover signals a long condition.
A bearish crossunder signals a short condition.
Visual Feedback: Bar colors and optional signal markers provide real-time insights into trend direction and trading signals.
Use Cases:
Trend Following: Quickly identify emerging trends with volume-accelerated HMA calculations.
Trade Confirmation: Use the indicator to confirm the strength and validity of your trade setups.
Custom Signal Integration: Combine this indicator with your existing strategies to refine entries and exits.
Notes:
Ensure that your trading instrument provides volume data for accurate calculations. If no volume is available, the script will notify you.
This script works best when combined with other indicators or trading frameworks for a comprehensive market view.
Inspired by the community and designed for traders looking to stay ahead of the curve, the Volume Weighted HMA Index is a versatile tool for traders of all levels.
Wyszukaj w skryptach "Volume"
Volume & Range Spike DiamondVolume & Range Spike Diamond
Detect significant volume and price range breakouts directly on your chart with this intuitive indicator.
This TradingView indicator highlights bullish and bearish breakout opportunities by analyzing both volume and price range spikes. Perfect for identifying strong market movements in real-time.
Key Features:
Volume Increase Threshold (%): Customize the percentage increase in volume required to trigger a spike.
Price Range Increase Threshold (%): Define the percentage increase in the price range for additional precision.
Volume Lookback Period: Set the number of bars to calculate the average volume for comparison.
Bullish and Bearish Signals: Highlights bullish spikes below bars and bearish spikes above bars using colored diamonds.
Detailed Labels: Optionally display labels with percentage increases for volume and range.
Alerts Integration: Receive notifications for bullish and bearish breakout conditions.
How It Works:
The indicator compares the current bar's volume to the average volume of previous bars over the specified lookback period.
It also evaluates the price range (high - low) of the current bar against the previous bar.
If both volume and price range exceed their respective thresholds, a breakout condition is flagged.
Bullish spikes are displayed with upward-pointing diamonds below the bars, while bearish spikes use downward-pointing diamonds above the bars.
Optional labels show detailed percentage increases for both metrics.
Customization Options:
// Inputs
volumeIncreaseThreshold = input.float(50, "Volume Increase Threshold (%)", minval=0, step=5)
rangeIncreaseThreshold = input.float(200, "Price Range Increase Threshold (%)", minval=0, step=5)
lookbackPeriod = input.int(5, "Volume Lookback Period", minval=1, maxval=50)
showLastLabel = input.bool(false, "Show Only Last Label")
Alerts Configuration:
Bullish Volume Breakout: Triggered when a bullish spike is detected.
Bearish Volume Breakout: Triggered when a bearish spike is detected.
Enhance your trading strategy by detecting high-probability breakout opportunities with this reliable indicator!
Total Volume for Custom PeriodIndicator Description: Total Volume for Custom Period
This indicator calculates the total trading volume for a specified time period and displays the result in the top-right corner of the chart. It is designed for traders and analysts who want to see the cumulative volume over a defined range of time without needing to calculate it manually.
Features:
Customizable Time Period:
Define the start and end times of the calculation using the easy-to-use settings panel.
The indicator dynamically updates as you adjust the dates.
Accurate Volume Calculation:
Calculates the total trading volume for all candlesticks between the selected start and end dates.
Works on all assets and timeframes supported by TradingView (stocks, crypto, forex, etc.).
Fixed Display:
The result is displayed in the top-right corner of the chart inside a clear and simple table.
The value remains visible regardless of chart movement or zoom level.
Real-time Updates:
Automatically recalculates the volume when new data is added or the selected time period changes.
Customizable Design:
Black text with a transparent background ensures the display is clear and non-intrusive.
Large text size for easy readability.
Use Cases:
Volume Analysis: Quickly assess the total trading activity over a specific time period.
Historical Data Analysis: Compare volume data across different time intervals.
Custom Strategies: Use the total volume metric as part of a broader trading strategy or analysis.
How It Works:
Open the settings panel of the indicator and input the desired Start Date and End Date.
The indicator calculates the total trading volume for all candles within the selected range.
The result is displayed in the top-right corner of the chart.
This indicator is a simple yet powerful tool for traders who rely on volume analysis to make informed decisions. It enhances your ability to study market behavior during specific periods and provides insights into trading activity with ease.
User-Variable Low-Volume CalculatorThe indicator will look at the last 20x, 50x candles (user defined setting) and take the highest volume value in this period.
It will then mark a solid line against the volume, calculated by a user defined variable percentage (default 16%).
If you determine any volume values that are under 16% (for example) of the highest volume candles in any given period, this indicator will paint this 16% level onto a volume chart for you, this is useful to quickly and conveniently see which candles held a volume below this level
On Balance Volume Oscillator of Trading Volume TrendOn Balance Volume Oscillator of Trading Volume Trend
Introduction
This indicator, the "On Balance Volume Oscillator of Trading Volume Trend," is a technical analysis tool designed to provide insights into market momentum and potential trend reversals by combining the On Balance Volume (OBV) and Relative Strength Index (RSI) indicators.
Calculation and Methodology
* OBV Calculation: The indicator first calculates the On Balance Volume, which is a cumulative total of the volume of up days minus the volume of down days. This provides a running tally of buying and selling pressure.
* RSI of OBV: The RSI is then applied to the OBV values to smooth the data and identify overbought or oversold conditions.
* Exponential Moving Averages (EMAs): Two EMAs are calculated on the RSI of OBV. A shorter-term EMA (9-period in this case) and a longer-term EMA (100-period) are used to generate signals.
Interpretation and Usage
* EMA Crossovers: When the shorter-term EMA crosses above the longer-term EMA, it suggests increasing bullish momentum. Conversely, a downward crossover indicates weakening bullish momentum or increasing bearish pressure.
* RSI Divergences: Divergences between the price and the indicator can signal potential trend reversals. For example, if the price is making new highs but the indicator is failing to do so, it could be a bearish divergence.
* Overbought/Oversold Conditions: When the RSI of OBV is above 70, it suggests the market may be overbought and a potential correction could be imminent. Conversely, when it is below 30, it suggests the market may be oversold.
Visual Representation
The indicator is plotted on a chart with multiple lines and filled areas:
* Two EMAs: The shorter-term EMA and longer-term EMA are plotted to show the trend of the OBV.
* Filled Areas: The area between the two EMAs is filled with a color to indicate the strength of the trend. The color changes based on whether the shorter-term EMA is above or below the longer-term EMA.
* RSI Bands: Horizontal lines at 30 and 70 mark the overbought and oversold levels for the RSI of OBV.
Summary
The On Balance Volume Oscillator of Trading Volume Trend provides a comprehensive view of market momentum and can be a valuable tool for traders. By combining the OBV and RSI, this indicator helps identify potential trend reversals, overbought and oversold conditions, and the strength of the current trend.
Note: This indicator should be used in conjunction with other technical analysis tools and fundamental analysis to make informed trading decisions.
High Volume Zone HighlightDescription:
The High Volume Zone Highlight highlights areas on the chart where the volume exceeds a user-defined threshold based on a moving average. This helps traders visually identify zones of high trading activity.
The moving average period and volume threshold are fully customizable.
Background color highlights appear when the current volume is greater than a specified multiple of the volume moving average.
Ideal for traders who want to spot significant volume changes relative to historical averages.
Inputs:
Volume MA Length: The number of periods for calculating the volume moving average.
Volume MA Factor: A multiplier to define the threshold. For example, setting this to 1.5 will highlight when the volume is 150% of the moving average.
Style Customization:
Users can adjust the color and transparency of the highlighted zones from the settings.
説明:
ハイ・ボリューム・ゾーン・ハイライトは、出来高が移動平均に基づいたユーザー定義の閾値を超えたエリアをチャート上で強調表示します。
移動平均期間と出来高閾値は自由にカスタマイズ可能です。
現在の出来高が出来高移動平均の指定した倍数を超えた場合、背景色が強調表示されます。
過去の平均と比較して重要な出来高の変化を検出したいトレーダーに最適です。
設定項目:
出来高移動平均期間: 出来高移動平均を計算する際の期間。
出来高MA係数: 閾値を定義するための係数。たとえば、1.5に設定すると、出来高が移動平均の150%を超えたときにハイライトされます。
スタイルカスタマイズ:
設定からハイライトされたゾーンの色や透明度を調整できます。
Volume Performance Table (Weekdays Only)This is a volume performance table that compares the volume from the previous trading day to the average daily volume from the previous week, month, 3-month, 6-month, and 12-month period in order to show where the rate of change of volume is contributing to the price trend.
For example, if the price trend is bullish and volume is accelerating, that is a bullish confirmation.
If the price is bearish and volume is accelerating, that is a bearish confirmation.
If the price is bullish and volume is decelerating, that is a bearish divergence.
If the price is bearish and volume is decelerating, that is a bullish divergence.
This does not include weekend trading when applied to digital assets such as cryptocurrencies.
Volume ReversalsThe "Volume Reversals" indicator is a trading tool designed to identify potential buy and sell signals based on volume patterns.
Features
Filter Signals : Traders can enable or disable additional filtering of signals, which refines the conditions under which buy and sell labels are displayed.
Buy and Sell Labels: The indicator dynamically places labels on the chart to signify buy ("▲+") and sell ("▼+") opportunities. Buy labels appear at low points of bars with a green upward-pointing arrow, while sell labels appear at high points with a red downward-pointing arrow.
Customizable Alerts: Users can set alerts for buy and sell signals, receiving notifications when conditions match predefined patterns.
Logic Explained
Volume Comparison: The script examines a sequence of the last five volume bars to detect increasing or decreasing trends.
Price Action Analysis: Each volume bar is paired with a corresponding price action (bullish or bearish) from the same period.
Signal Conditions: A signal is generated under two scenarios:
Normal Conditions: Sequential increase/decrease in volume over three bars accompanied by bearish/bullish price action, followed by a dip in volume with a bullish/bearish bar.
Filtered Conditions (if filter is active): Requires all last four bars to be bearish/bullish, the most recent bar's volume to be less than the immediate previous, and then exceeds the volume two bars prior, closing bullish/bearish.
This indicator is suited for various assets and timeframes, especially in markets where volume plays a significant role in price dynamics.
MTF Volume Flow IndicatorThe MTF Volume Flow Indicator (MTF VFI) is an advanced and versatile tool that enhances market analysis by tracking the flow of volume across multiple timeframes. By integrating volume flow with multi-timeframe analysis, this indicator provides traders with a comprehensive understanding of market trends, momentum, and potential reversals.
Key Features
Multi-Timeframe Volume Flow Analysis: The MTF VFI computes the Volume Flow Indicator across various timeframes, ranging from 1 minute to 1 month. This multi-timeframe analysis enables traders to observe and compare volume flow dynamics across different time horizons, offering deeper insights into market behavior.
Customizable VFI Settings: The indicator includes configurable VFI parameters such as length, coefficient, and volume cutoff, allowing users to tailor the analysis to different market conditions and trading strategies. This flexibility ensures that the indicator remains relevant across diverse market environments.
Signal Line and Delta Calculations: The script features a signal line derived from the VFI and calculates the delta values (the difference between VFI and the signal line). These delta values are essential for identifying potential buy or sell signals and are presented as histograms for easy visual interpretation.
Cumulative Delta with Dynamic Bands: The indicator introduces cumulative delta, a powerful tool that combines average and median VFI values to provide a clearer picture of market sentiment. Two standard deviation bands are plotted around the cumulative delta, offering a range within which price movements are likely to remain. These bands are smoothed using a 21-period EMA, providing a more refined view of market volatility.
Multi-Timeframe and Analysis Tables: The MTF VFI includes optional tables that display VFI, signal line, and delta values across all selected timeframes. Additionally, an analysis table presents key statistical metrics such as the highest, lowest, average, standard deviation, range, and median VFI values. These tables provide a concise summary of market conditions, aiding in strategic decision-making.
Dynamic Display Options: The indicator offers extensive customization options, allowing traders to display or hide elements such as delta histograms, delta bands, and tables. This ensures that users can focus on the most relevant information for their trading strategy.
Neutral Candle Coloring Option: Traders can enable neutral candle colors, where bearish candles are gray and bullish candles are white. This feature helps to reduce noise and maintain focus on the overall trend and volume flow analysis.
How It Works
Volume Flow Indicator Calculation: The VFI is calculated using a combination of typical price, volume, and the standard deviation of price changes. The indicator smooths the VFI based on user preferences, allowing traders to adjust the sensitivity of the analysis to better match their trading style.
Multi-Timeframe Integration: The script pulls VFI calculations from multiple timeframes, providing a holistic view of market trends. By analyzing VFI across different timeframes, traders can detect alignments or divergences in volume flow that might indicate trend strength or weakness.
Cumulative Delta and Dynamic Bands: The cumulative delta is computed by combining the average and median VFI values. Dynamic two-standard-deviation bands are plotted around this cumulative delta, providing upper and lower bounds for expected price movements. These bands are further smoothed with a 21-period EMA, enhancing their effectiveness in volatile markets.
Delta Analysis and Histogram Display: The difference between the VFI and its signal line (delta) is calculated and displayed as histograms. This visual representation helps traders quickly assess momentum and identify potential reversals or trend continuations. The cumulative delta is color-coded dynamically based on its direction, adding an extra layer of visual clarity.
Alerts
VFI Crossover Alerts: The indicator includes customizable alerts that notify traders when the VFI crosses above or below its signal line. These alerts are crucial for catching potential trend reversals or continuation signals, even when the trader is not actively monitoring the chart.
Customizable Alert Conditions: Traders can tailor alert conditions to their preferred timeframes and VFI settings, ensuring that the notifications they receive are relevant and timely for their specific trading strategies.
Application
Trend Identification and Confirmation: The MTF VFI aids in identifying and confirming trends by analyzing volume flow across multiple timeframes. This capability is particularly useful for detecting trends that may not be visible on a single timeframe.
Momentum and Divergence Analysis: By comparing VFI and delta values across timeframes, and analyzing cumulative delta with dynamic bands, traders can gain insights into market momentum and potential divergences, which are often precursors to reversals.
Strategic Decision-Making: With its comprehensive multi-timeframe analysis, cumulative delta, and statistical summaries, the MTF VFI equips traders with the information needed to make informed trading decisions, whether for short-term trades or long-term investments.
Visual Clarity and Customization: The indicator’s dynamic display options and neutral candle coloring help traders maintain a clear and focused view of the market, customizing the visualization to match their specific needs.
The MTF Volume Flow Indicator (MTF VFI) by CryptoSea is an essential tool for traders who seek to gain a deeper understanding of market trends and volume dynamics across multiple timeframes. Its advanced features and customization options make it a valuable addition to any trader’s toolkit.
Volume Weighted Relative Strength Index (VWRSI) [AlgoAlpha]Volume Weighted Relative Strength Index 📈✨
The Volume Weighted Relative Strength Index (VWRSI) by AlgoAlpha enhances traditional RSI by incorporating volume weighting, providing a more nuanced view of market strength. It uses custom range detection to measure consolidation strength, applying dynamic scoring to highlight trend phases. The indicator includes customizable moving averages (SMA, EMA, WMA, VWMA) and color-coded visual cues for uptrends and downtrends. Additionally, it marks significant bullish and bearish trend points with symbols, making it easier to identify potential trading opportunities. This powerful tool helps traders make informed decisions by combining volume, price action, and trend analysis.
✨ Key Features :
📊 Volume-Weighted RSI : Combines RSI with volume for better accuracy.
🔄 Range Detection : Identifies consolidation phases.
🎨 Customizable MAs : Choose from various moving averages.
🔔 Alert Capabilities : Set notifications for trend points.
🚀 How to Use :
🛠 Add Indicator : Add the indicator to favorites, and customize the settings to suite your trading style.
📊 Analyze Market : Watch RSI and range score for trends.
🔔 Set Alerts : Get notified of bullish/bearish points.
✨ How It Works :
The Volume Weighted Relative Strength Index (VWRSI) combines traditional RSI with volume weighting to offer a more comprehensive view of market momentum. It calculates the RSI using the closing price, then weights it by volume to enhance the accuracy of the trend analysis. The indicator also includes a custom range detection feature that evaluates consolidation strength by dynamically scoring the RSI over a specified period. This scoring helps identify phases of strong trends and consolidations. Visual elements like color-coded trend fills and symbols for bullish and bearish points make it easier to spot key market movements and potential trading opportunities.
Stay ahead with VWRSI by AlgoAlpha! 📈💡
Enhanced Volume by SR7SiddharthaRay007's Enhanced Volume Indicator works on any Timeframe
⦿ Volume Labels:
1. Current Volume, Volume Change%, Average Volume, Average Doller Volume, Up/Down Ratio, ADR%.
=>Average value can be changed using 'Lookback Length' (Default: 20)
⦿ Simple Moving Average: MA (Default: 50). Color of MA changes based on the up down volume ratio.
1. Up/Down Ratio > 1: Blue
2. Up/Down Ratio < 1: Orange
⦿ Volume Bar Colors:
1. High Relative Volume Positive Candle: Lime Green .
2. High Relative Volume Negative Candle: Red .
3. Normal Volume Positive Candle: Blue .
4. Normal Volume Negative Candle: Fuchsia .
5. Low Relative Volume Positive/Negative Candle: Orange .
=>High Relative Volume > 300% of Average Volume; Low Relative Volume < 30% of Average Volume
⦿ Pocket Pivot (A pocket pivot is an up day with volume greater than any of the down days volume in the past 10 days)
1. 10 day Pocket Pivots: Lime Green Diamond below volume bar
2. 5 day Pocket Pivots: Blue Diamond below volume bar
⦿ 'Highest Volume (HV) ' on top of the Volume Bar:
1. Highest Volume Ever (HVE)
2. Highest Volume in Over a Year (HVY)
⦿ Projected Volume Bar: Aqua
⦿ Plot a line at 2x and 3x Average Volume and set Alerts
[MAD] BTC ETF Volume In/OutflowThe " BTC ETF Volume In/Outflows" indicator is designed to analyze and visualize the volume data of various Bitcoin Exchange-Traded Funds (ETFs) across different exchanges. This indicator helps traders and analysts observe the inflows and outflows of trading volume in a structured and comparative manner.
Features
Multi-Ticker Support: The indicator is capable of handling volume data from multiple ETFs simultaneously, making it versatile for comparative analysis.
Volume Adjustments: Provides an option to view volume data either as the number of pieces (shares) traded or as monetary flow (value traded).
Compression Factor: Includes a volume compression factor setting that helps in emphasizing smaller volume changes or smoothing out volume spikes.
Data Calculation
Volume data is processed using a custom function that adjusts the data based on user settings for piece or monetary representation and applies a logarithmic compression factor.
This processed data is then fetched for each ticker.
Visualization
Volume data is visualized on the chart using column plots where each ETF's volume data is stacked and offset to provide a clear visual representation of in/outflows. Horizontal lines indicate the zero level for reference.
Usage Scenario
This indicator is particularly useful for traders who track multiple ETFs and need to compare their volume activities simultaneously. It provides insights into market trends, potentially indicating bullish or bearish shifts based on volume inflows and outflows across different instruments.
have fun :-)
Relative Volume (RV)Relative Volume take the volume at a given time of day and compares it to the average volume at that time of day. You can either use the current volume or the cumulative volume in this analysis. You have the option to either see the average and the current volume or a comparative view where you see the percent difference between now and the average.
My implementation of relative volume uses a key-value pair to simplify the process of getting the average volume for the time of day. This reduces the lines of code needed and makes it easier to understand. I have added the normal features you would find in a relative volume indicator with the addition of an average above/below average section for comparing the significance of above/below average moves are. I hope this script is not only useful but educational.
Enjoy
High Volume Price Bar ChannelThe "High Volume Price Bar Channel" indicator for TradingView is a tool designed to highlight price bars that experience unusually high trading volume compared to the average volume over a specified lookback period. When the volume of a price bar exceeds a certain multiple of the average volume, a channel is drawn extending from the high to the low of that bar, indicating a potential surge in trading activity.
Key Features:
Customizable Parameters: Users can adjust the color of the channel, the lookback period for calculating the average volume, and the factor by which the current volume should exceed the average volume to trigger the drawing of the channel.
Volume-based Highlighting: The indicator identifies price bars with high volume relative to the average and visually highlights them by drawing a channel.
Flexibility: Traders can tailor the indicator settings to suit their trading strategies and preferences, allowing for adaptability across various market conditions.
Usage:
High volume often indicates increased market activity and potential price volatility. Traders may use this indicator to identify periods of heightened interest or potential trend reversals.
When the channel is drawn, traders may look for confirmation from other technical indicators or price action to make informed trading decisions, such as entering or exiting positions, adjusting stop-loss levels, or assessing the strength of a trend.
The indicator can be applied to various timeframes and financial instruments, providing insights into volume dynamics across different market environments.
Overall, the "Customizable Volume Channel" indicator offers traders a versatile tool to spot significant volume spikes and potential trading opportunities within the context of price movements, aiding in more informed decision-making and risk management strategies.
Volume inspectorThe "Volume inspector" is designed to provide a deep dive into the volume dynamics within a given larger timeframe by dissecting the positive and negative volume of candles from a lower timeframe. This analysis helps in understanding how the volume within a single candle is composed, whether it leans towards buying or selling pressure. The indicator sums up the positive and negative volumes to present the net volume in columns, offering a clear visual representation of the market's buying or selling intensity at a glance.
Additionally, it features an area between two Exponential Moving Averages (EMAs) to gauge the prevailing trend direction. A green spread between the EMAs signals strong buying pressure, with the width of the area indicating the strength of this pressure. Conversely, a red area points to selling pressure, warning users to exercise caution — it advises against buying the asset when the spread is narrow or red, suggesting weak buying momentum or strong selling momentum.
The tool recommends using daily candles as the primary timeframe for a broad market overview, with the following configurations for the lower timeframe analysis:
5 minutes for highly liquid and voluminous assets,
15 or 30 minutes for assets with lower volume to ensure accuracy without excessive market noise.
It's important to note that this indicator does not predict future market movements but rather analyzes the current behavior of the asset, making it a valuable tool for traders looking to understand immediate market sentiment and trend strength.
Modified On Balance VolumeModified On Balance Volume (mOBV) Indicator
The "Modified On Balance Volume" (mOBV) indicator is designed to provide insights into the cumulative buying and selling pressure in the market, with modifications for close, high, and low prices. It incorporates On Balance Volume (OBV) calculations for each of these price types and further refines the analysis by applying Simple Moving Averages (SMA).
Key Features:
Calculation of OBV for Close, High, and Low Prices:
Traditional OBV values are computed for close, high, and low prices, reflecting the cumulative volume based on the sign of price changes.
SMA Smoothing:
Simple Moving Averages (SMA) are applied to the calculated OBV values, introducing a smoothing effect to highlight trends in the buying and selling pressure.
Relative Values for High and Low OBV:
The script transforms the OBV values for high and low prices into relative values compared to the SMA of the OBV for close prices.
User-Defined SMA Length:
Users can customize the length of the SMA through a parameter, allowing flexibility in adapting the indicator to different market conditions.
Error Handling:
The script includes a mechanism to detect if no volume data is provided by the data vendor, alerting users to potential issues with the dataset.
Visual Representation:
The calculated OBV values for close, high, and low prices, as well as the SMA of the OBV for close prices, are visually represented on the chart with customizable colors and transparency settings.
Usage Tips:
Rising values indicate increasing buying pressure, while falling values suggest increasing selling pressure.
Crosses between the OBV lines and the SMA line may be used to identify potential trend changes.
Note:
This script is intended for informational purposes and should be used in conjunction with other technical analysis tools for comprehensive market analysis.
