OBV MACD Indicator
So this script is my improvement to macd that we all know . it faster and more accurate with less lag
first is based on OBV as it primary source
next we convert the OBV to MA style format , in this case we can add all form of MA in order to calculate it . as you will see in settimgs it has many type of MA as each beahave differently
I make the signal to be in linear form jst to make it more sharp/ and in the end in order to make the signal i use Alex grover method (this guy is a genius:) )
in final step we can make pivots point on our new for macd
end resolt is a faster more accurate MACD and much more options fro modification then the regular macd
this is volume indicator based so in some graph where volume does not exist this will not work
first is based on OBV as it primary source
next we convert the OBV to MA style format , in this case we can add all form of MA in order to calculate it . as you will see in settimgs it has many type of MA as each beahave differently
I make the signal to be in linear form jst to make it more sharp/ and in the end in order to make the signal i use Alex grover method (this guy is a genius:) )
in final step we can make pivots point on our new for macd
end resolt is a faster more accurate MACD and much more options fro modification then the regular macd
this is volume indicator based so in some graph where volume does not exist this will not work