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Bollinger on OBV ?
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I am even less knowledable than T2020 on adjusting existing code to modify an indicator, but I do find his idea regarding OBV interesting.
In the most recent change suggested, wouldn't we have to somehow define obvPeriod and smaPeriod somewhere.. I mean they don't exist in that syntax anywhere else yet in the indicator script, do they?
Thanks for any help,
Randy
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Originally posted by randyjb View PostI am even less knowledable than T2020 on adjusting existing code to modify an indicator, but I do find his idea regarding OBV interesting.
In the most recent change suggested, wouldn't we have to somehow define obvPeriod and smaPeriod somewhere.. I mean they don't exist in that syntax anywhere else yet in the indicator script, do they?
Thanks for any help,
Randy
Middle.Set(SMA(OBV(Period),Period)[0]);
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Originally posted by roonius View Postmy mistake... OBV has no parameters:
Middle.set(SMA(OBV(), Period)[0]);
standard deviations ,but it plots and if there's anything to be done about
that I'll repost it . Randyjb , I guess you got it working ? I'm signing off for
today . Thanks again all .
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Moving average????
Very interesting indicator.......I noticed that some type of moving average was used with the OBV Bollinger...was this part of the zip file??? or was this added?? When using this indicator do most use the moving average or do most use the midline of the Bollinger band to determine trend direction of the OBV??? Any thoughts or trading ideas with this indicator is appreciated.....as I have said, very very interesting and useful indicator.
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