OBVMentum with EMA x SMA comparison
This is a special indicator, which requires a lot of knowledge of OBV (On Balance Volume) and MOMETUM, also has a SMA and an EMA calculated on the valus found (OBVMentum Line).
The OBVMentum Line is calculated by dividing Momentum by OBV and the resulted multiplied by 20.000.
The analysis of this indicator is form zero line.
In addition, we can also observe the intersection of the MA's range with de zero line and the OBVMentum.
Analysis can be made on the crossing of the OBVMentum Line with de zero line, crossing the MA's with the zero line or even crossinf of the OBVMentum Line with de MA's.
Also it counts on signals of the crossing the OBVMentum Line with the zero line (black triangles) and the crossing of the OBVMentum with the MA's (colored triangles).
Alerts conditions for autoview users too.
https://www.tradingview.com/script/zo7cSj0z-Momentum-x-OBV-Signals/
*The lifetime subscription does not entitle the source code, only to the use of the script for as long as Tradingview offers its services. To purchase the source code you must contact us.
The OBVMentum Line is calculated by dividing Momentum by OBV and the resulted multiplied by 20.000.
The analysis of this indicator is form zero line.
In addition, we can also observe the intersection of the MA's range with de zero line and the OBVMentum.
Analysis can be made on the crossing of the OBVMentum Line with de zero line, crossing the MA's with the zero line or even crossinf of the OBVMentum Line with de MA's.
Also it counts on signals of the crossing the OBVMentum Line with the zero line (black triangles) and the crossing of the OBVMentum with the MA's (colored triangles).
Alerts conditions for autoview users too.
https://www.tradingview.com/script/zo7cSj0z-Momentum-x-OBV-Signals/
*The lifetime subscription does not entitle the source code, only to the use of the script for as long as Tradingview offers its services. To purchase the source code you must contact us.