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Date/Time: Sun, 23 Feb 2025 08:25:25 +0000



Post From: On Balance Volume Oscillator

[2021-02-06 07:11:40]
User483581 - Posts: 2
Hello,

I'm interested in the "On Balance Volume Oscillator" by Lazy Bear on Tradingview.

Is there any similar indicator on Sierra Chart?

Below is the source code:

// @author LazyBear
//
// Appreciate a note if you use this code anywhere.
//
study(title="On Balance Volume Oscillator [LazyBear]", shorttitle="OBVOSC_LB")
src = close
length=input(20)
obv(src) => cum(change(src) > 0 ? volume : change(src) < 0 ? -volume : 0*volume)
os=obv(src)
obv_osc = (os - ema(os,length))
obc_color=obv_osc > 0 ? green : red
plot(obv_osc, color=obc_color, style=line,title="OBV-Points", linewidth=2)
plot(obv_osc, color=silver, transp=70, title="OBV", style=area)
hline(0)


Thanks!