A histogram shows normalized On Balance Volume minus its moving average, with different colors for growing and falling bars above and below zero. A shaded band between the 30 and 70 lines uses the directional movement index and ADX to color bullish or bearish pressure by strength. RSI divergence tags mark regular and hidden, bullish and bearish divergences, each with its own toggle. Lengths, smoothing and OBV scaling are adjustable.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
OBV SMA length
int
55
smaLength
Above Grow
color
#26A69A
col_grow_above
Fall
color
#B2DFDB
col_fall_above
Below Grow
color
#FFCDD2
col_grow_below
Fall
color
#FF5252
col_fall_below
Scaling factor for OBV
int
1
scaling
DI length
int
14
adxLength
ADX Smoothing
int
14
lensig
ADX SMA length
int
2
adxSma
RSI Period
int
14
lenrsidiv
RSI Source
source
close
srcrsidiv
Plot Bullish
bool
true
plotBull
Show all 16 settings
Setting
Type
Default
Variable
Plot Hidden Bullish
bool
true
plotHiddenBull
Plot Bearish
bool
true
plotBear
Plot Hidden Bearish
bool
true
plotHiddenBear
Show Moving Average
bool
true
showSmma
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Oscillator Suite plots a normalised price oscillator in a separate pane and overlays a signal line that can use SMA, EMA, WMA, HMA, RMA, VWMA, T3, ZEMA, KAMA, or GKEMA. It marks bullish and bearish divergences, a smoothed money-flow series, confluence areas an
This indicator plots the Money Flow Index in a separate pane and marks regular and hidden bullish and bearish divergences between price pivots and the oscillator. It builds the index from positive and negative money flow, then finds pivot highs and lows using
This indicator plots a smoothed Z-score of cumulative volume delta in a separate pane, showing whether buying or selling pressure is dominant and when the reading enters extreme zones. It marks spot accumulation, climax or exhaustion, and pivot-based price-vol
This indicator plots a heuristic volume-balance oscillator in a separate pane. It estimates signed volume from the close location inside each bar, multiplies that by volume, and sums the proxy over a rolling window. The sum is scaled between minus one and plus
This indicator is an oscillator suite inspired by Market Cipher B and VuManChu Cipher B that plots in a separate pane. It combines a WaveTrend oscillator, a Money Flow Index (MFI) area, and an RSI indicator with automatic divergence detection. Visual signals h
QPulse is a multi-factor indicator that draws in a separate pane to evaluate market momentum, volume flow, and volatility dynamics. It calculates volume delta, a cumulative delta proxy, advanced adaptive ATR, and a hybrid volume-weighted RSI with overbought an