Tips and Tricks: OBV moving average

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OBV moving average

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: Tips and Tricks
Forum Discription: Tips on how to use BullCharts more effectively.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=1028
Printed Date: 30 Apr 2024 at 5:14pm
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Topic: OBV moving average

Posted By: stevo
Subject: OBV moving average
Date Posted: 02 Jun 2019 at 10:27pm

Hi all,

Is it possible to put a moving average onto the OBV pane?

Please explain if you know

cheers ian

Replies:

Posted By: rbbrain
Date Posted: 06 Jun 2019 at 11:18am

Hi stevo,
The standard parameters for use with the Moving Average (MA) indicator are: Open price, Close, High, Low, Volume, Value and Trades.
There is one other possibility for the MA - to add the MA to the Momentum indicator. In this case it is called "Smoothed Momentum".
However, I don't know of any way to add an MA to the OBV.
Having said that, it is likely to be possible using script (but I don't know enough about that).

-------------
Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
http://www.RobertBrain.com - Brainy's Share Market Toolbox and BullCharts Tips
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Posted By: stevo
Date Posted: 08 Jun 2019 at 12:16am

Thank you. May be something to include in the next update?

Posted By: rbbrain
Date Posted: 08 Jun 2019 at 8:12am

Hi stevo,
If there are enough requests for tweaks and new features, then the developers can consider it.
Cheers
Robert B

-------------
Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
http://www.RobertBrain.com - Brainy's Share Market Toolbox and BullCharts Tips
[/CENTER

Posted By: PaulK
Date Posted: 23 Jun 2019 at 10:09pm

Ian, go to indicators and create a new one & call it eg OBV21 for a 21 day EMA of OBV

and copy the following

OBV (c);
MA (OBV (c),21,e);

You can substitute the 21 for what ever time frame you want & the e to s if you want

a simple moving average instead of exponential

then just insert from indicators in a new pane.

Cheers Paul

Posted By: stevo
Date Posted: 24 Jun 2019 at 7:58pm

thanks for that Paul, awesome!!