Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

OBV wonder shadows for Amibroker (AFL)

Rating:
3 / 5 (Votes 4)
Tags:
oscillator, amibroker

OBV in isolation may not make much sense intraday, All this simple but effective indicator does is to create the shadows of the OBV in the form of 9 WMA and 21 WMA and the crossover of the OBV and shadows tells you to go long or short.As they say “Coming events cast their shadows before”

Screenshots

Similar Indicators / Formulas

Febo RSI ..real indicator
Submitted by abhinavsingh almost 8 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 5 years ago
Ergodic Oscillator
Submitted by dljtrader almost 9 years ago
3 Days Track
Submitted by janet0211 over 9 years ago
Chande Momentum Oscillator
Submitted by klimpek almost 9 years ago
BoH Risk Aversion Indicator
Submitted by genkumag almost 8 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("OBV");
Plot( OBV(), _DEFAULT_NAME(), IIf( C > O, ParamColor("Up Color", colorGreen ), ParamColor("Down Color", colorRed ) ), ParamStyle( "Style") );
SetChartBkGradientFill( ParamColor("BgTop",colorBlack),ParamColor("BgBottom",colorBlack),ParamColor("Titleblock",colorLightGrey));

_SECTION_END();

_SECTION_BEGIN("WMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); 
_SECTION_END();

_SECTION_BEGIN("OBV1");
Plot( OBV(), _DEFAULT_NAME(), IIf( C > O, ParamColor("Up Color", colorGreen ), ParamColor("Down Color", colorBlue ) ), ParamStyle( "Style") );
_SECTION_END();

Buy =  Cross(OBV(),WMA(OBV(),9));
Sell = Cross(WMA(OBV(),9),OBV());

Short = Sell;
Cover = Buy;
PlotShapes(shapeUpArrow*Buy,colorGreen);

PlotShapes(shapeDownArrow*Sell,colorRed);


_SECTION_BEGIN("WMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); 
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back