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
Indicator · Pine Script v5 · Own pane
Neural Network Sub 41 OBV
A separate-pane indicator that builds On Balance Volume and subtracts its 20-period EMA to form an oscillator, drawn as a coloured line and area around a zero line.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code89
Settings0inputs
LicenceNone stated
Last update1 year ago17 Jan 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Neural Network Sub 41 OBV detects regular bullish and bearish divergence between price pivots and the oscillator, labelling them on the pane. Lengths are fixed in the code with no inputs. Divergence is confirmed only after the right-side pivot bars, so labels appear with a delay.
- OBV minus its 20-period EMA oscillator
- Regular bullish and bearish divergence labels
- Colour by oscillator sign
- Fixed lengths with no inputs
Details
Published by
zhuzp98 on GitHub
Code credit
rhapsodyz, as written in the script's header
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Volume, Divergence
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
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.
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