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 v6 · Own pane
OBV Signal Confluence
An On-Balance Volume oscillator in a separate pane.
GitHub stars1on the repository
Pine versionv6current
Lines of code381
Settings40inputs
LicenceNone stated
Last update2 months ago23 Aug 2026
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
OBV Signal Confluence plots an OBV histogram against a moving average chosen from SMA, RMA, WMA or VWMA and marks regular and hidden divergence from pivots. Optional filters use a higher-timeframe confirmation, ADX and a volume multiple. Trade levels can be drawn with an ATR-based stop and three risk-reward targets. Other options are heat-colored candles, a dashboard and configurable alert text for webhook use.
- OBV histogram with selectable moving average
- Regular and hidden divergence signals
- Optional ADX, volume and higher-timeframe filters
- ATR stop and three target levels
- Dashboard and alert text options
Details
Published by
vedkanani123 on GitHub
Code credit
MarkitTick, as written in the script's header
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Volume, Divergence, Oscillators & momentum
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Src | source | close | srcInput |
| MA Type | string | SMA | maTypeInput |
| MA Len | int | 21 | maLenInput |
| Div Piv | int | 5 | divLenInput |
| HTF Confirm | bool | false | useHtfInput |
| HTF | timeframe | 60 | htfInput |
| ADX Filter | bool | false | useAdxInput |
| ADX Len | int | 14 | adxLenInput |
| ADX Min | float | 20.0 | adxMinInput |
| Vol Filter | bool | false | useVolInput |
| Vol Mult | float | 1.0 | volMultInput |
| Trade Levels | bool | true | showLevelsInput |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Len | int | 14 | atrLenInput |
| SL ATRx | float | 1.5 | slMultInput |
| TP1 RR | float | 1.0 | tp1RrInput |
| TP2 RR | float | 2.0 | tp2RrInput |
| TP3 RR | float | 3.0 | tp3RrInput |
| Hist | bool | true | showHistInput |
| Zero Ln | bool | true | showZeroInput |
| Div Sig | bool | true | showDivInput |
| Hid Div Sig | bool | true | showHidDivInput |
| Heat Candles | bool | true | showCandlesInput |
| Show Dash | bool | true | showDashInput |
| Pos | string | Top Right | dashPosInput |
| ↑ Long | string | long | i_actionLong |
| ↓ Short | string | short | i_actionShort |
| ✕ ClsLong | string | closelong | i_actionCloseLong |
| ✕ ClsShort | string | closeshort | i_actionCloseShort |
| ◆ TP1 | string | tp1 | i_actionTp1 |
| ✦ TP2 | string | tp2 | i_actionTp2 |
| ◆ TP3 | string | tp3 | i_actionTp3 |
| Hist+ | color | color.new(#26a69a, 40) | histUpColorInput |
| Hist+W | color | color.new(#26a69a, 75) | histUpWeakColorInput |
| Hist-W | color | color.new(#ef5350, 75) | histDnWeakColorInput |
| Hist- | color | color.new(#ef5350, 40) | histDnColorInput |
| Zero | color | color.new(#787b86, 50) | zeroColorInput |
| BullDiv | color | #26a69a | bullDivColorInput |
| BearDiv | color | #ef5350 | bearDivColorInput |
| SL | color | #ef5350 | slColorInput |
| Entry | color | #2196f3 | entryColorInput |
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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