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OBV moving average

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stevo View Drop Down
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Joined: 28 May 2019
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Post Options Post Options   Quote stevo Quote  Post ReplyReply Direct Link To This Post Topic: OBV moving average
    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
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rbbrain View Drop Down
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Post Options Post Options   Quote rbbrain Quote  Post ReplyReply Direct Link To This Post 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 - BullCharts User Group
Brainy's Share Market Toolbox and BullCharts Tips
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stevo View Drop Down
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Post Options Post Options   Quote stevo Quote  Post ReplyReply Direct Link To This Post Posted: 08 Jun 2019 at 12:16am
Thank you. May be something to include in the next update?
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Post Options Post Options   Quote rbbrain Quote  Post ReplyReply Direct Link To This Post 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 - BullCharts User Group
Brainy's Share Market Toolbox and BullCharts Tips
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PaulK View Drop Down
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Post Options Post Options   Quote PaulK Quote  Post ReplyReply Direct Link To This Post 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
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stevo View Drop Down
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Post Options Post Options   Quote stevo Quote  Post ReplyReply Direct Link To This Post Posted: 24 Jun 2019 at 7:58pm
thanks for that Paul, awesome!!
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