Aggregate Signal (v.2) is an oscillator indicator that combines multiple technical factors into a single composite score. It scales OHLCV data using minimax normalization and evaluates indicators such as MACD, RSI, Stochastic, CCI, Momentum, On-Balance Volume,
Indicator · Pine Script v5 · Own pane
On Balance Volume
This indicator plots classic On Balance Volume in a separate pane.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code30
Settings3inputs
LicenceNone stated
Last update5 months ago27 May 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
On Balance Volume accumulates volume according to the sign of each close change, then overlays a smoothing moving average. Users choose the average method among SMA, EMA, RMA, WMA, and VWMA, set its length, and shift the average with an offset. A teal or red fill marks whether the OBV line is above or below the offset average. If the symbol has no volume, the script stops with an error. It does not generate trade entries or exits.
- Cumulative volume signed by close change
- Selectable SMA EMA RMA WMA VWMA smoothing
- Adjustable smoothing length and MA offset
- Teal or red fill between OBV and average
- Runtime error when volume is missing
Details
Published by
g-moe on GitHub
Code credit
goodgains, as written in the script's header
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Volume, Oscillators & momentum, Moving averages
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 |
|---|---|---|---|
| Method | string | SMA | typeMA |
| Length | int | 20 | smoothingLength |
| OBV MA Offset | int | 9 | obv_offset |
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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