INVITE-ONLY SCRIPT
[astropark] Renko OBV divergences
Updated
Dear Followers,
today a new great Scalper Tool, based on Ob Balance Volume (OBV) oscillator, which works from 1 minute timeframe Renko chart, which is the best and more secure timeframe to use on a Renko chart. But of course it works great on all timeframes (included the 1D timeframe), both on FOREX and on Cryptocurrencies!
This tool has some cool features:
This script will let you set all notifications you may need in order to be alerted on each triggered divergence.
You may like to use it together with my Renko Scalper V2
![[astropark - Premium] 1m Renko Scalper V2 [strategy]](https://s3.tradingview.com/e/e2F8qxEB_mid.png)
and my Renko RSI Divergences indicator
![[astropark] Renko RSI divergences](https://s3.tradingview.com/0/0ZUOtYT0_mid.png)
On Bitmex/ByBit/Binance Bitcoin/USD chart best settings is Traditional Renko chart with 10$ box size, while 0.5$ box size is suggested on Ethereum/USD pair.
This is a premium indicator, so send me a private message in order to get access to this script.
today a new great Scalper Tool, based on Ob Balance Volume (OBV) oscillator, which works from 1 minute timeframe Renko chart, which is the best and more secure timeframe to use on a Renko chart. But of course it works great on all timeframes (included the 1D timeframe), both on FOREX and on Cryptocurrencies!
This tool has some cool features:
- it works on all timeframes, starting from 1 minute: so you can enjoy high-frequency trading by using a 24/7 running bot and a proper money and risk management strategy
- it shows you both bullish and bearish divergences with a triangle up or down respectively
- when it finds a strong bullish/bearish divergence, a flag will be displayed instead of a triangle
This script will let you set all notifications you may need in order to be alerted on each triggered divergence.
You may like to use it together with my Renko Scalper V2
and my Renko RSI Divergences indicator
On Bitmex/ByBit/Binance Bitcoin/USD chart best settings is Traditional Renko chart with 10$ box size, while 0.5$ box size is suggested on Ethereum/USD pair.
This is a premium indicator, so send me a private message in order to get access to this script.
Release Notes
Added support for hidden bullish and bearish divergences too!Release Notes
bug fixRelease Notes
Script updated!- added analysis window option
- upgrade to Pine Script V5
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact astropark for more information, or follow the author's instructions below.
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I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
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