About the Volume OBV indicator...

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I think TradingView is attractive because users can create charts as they want.

However, since the number of indicators that can be added to the chart is limited depending on the plan, you have to add indicators that fit your plan.

As a result, I ended up integrating multiple indicators into one indicator.

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The HA-MS indicator in this chart is a public indicator.

If you search the Internet, you can find detailed explanations on how to interpret the OBV indicator.

I expressed it as follows to make this interpretation method more realistic.

The body color of the candlestick is indicated by the 4-stage OBV indicator.

The OBV indicator is distinguished in the same way as the Price Channel indicator.

You can interpret it like the Bollinger Band.

That is, if the middle line that divides 2 and 3 rises by more than 3, you can interpret that the buying force is increasing.

1: It means below the lower line of the Price Channel and is indicated in dark red.

If you enter this section, there is a high possibility of a sharp decline.

You should check the support and resistance points because it is likely to stop falling soon and rise to 2.

2: It means between the lower line and the middle line of the Price Channel and is indicated in red.

This section is likely to show a weak downward sideways movement.
Therefore, if it rises from 1->2, there is a possibility of a short rise. However, if it fails to rise to 3, it is likely to fall back to 1, so it is recommended to make short trades.

3: It means between the middle line and the upper line of the Price Channel and is displayed in green.
This section is likely to show a weak upward sideways movement.
If it rises from 2 -> 3 and shows a sideways movement, you should focus on finding a buying point.

4: It means above the upper line of the Price Channel and is displayed in dark green.
If it enters this section, there is a high possibility of a sharp rise.
Since it is likely to stop rising soon and fall to 3, you should check the support and resistance points.

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What we should pay attention to is when it changes from 1 -> 2, 4 -> 3.

As explained above, 1 is a section located below the lower line of the Price Channel, so there is a high possibility of a sharp fall.

4 is a section located above the upper line of the Price Channel, so there is a high possibility of a sharp rise.

Therefore, you can proceed with an aggressive buy when it changes from 1 -> 2, and you can proceed with a sell when it changes from 4 -> 3.

In the case of futures, it can be used as reference information for entering and liquidating LONG and SHORT positions.

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They say that the only things you need on a chart are price and trading volume.

However, it is not easy to interpret this in reality.

To compensate for this, we hid the colors of the existing candles and displayed them in 4 stages of OBV so that you can intuitively see which stage the current price is at.

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Thank you for reading to the end.
I hope you have a successful transaction.

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[HA-MS Indicator]
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