Get started
PROTECTED SOURCE SCRIPT

Better OBV

By jashanjeet.ubs
Updated
Just On balance volume but without the volume from the wick/shadow. Only considers volume in proportion to the body of the candles w.r.t. total length of the candle.
Release Notes
Changed the script visually.
balanceONVolume IndicatorVolume

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.