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MultiVote OBV
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=24032
Forum: 17 · Topic 24032 · 3 post(s)
MultiVote OBV
Apprentice · Wed Oct 03, 2012 3:52 am
Original OBV only compares Closing Price. MVOVB takes into account all price components. This has resulted with higher sensitivity compared to the original.
if HIGH >previous HIGH then HIGHVOTE =1 if HIGH < previous HIGH then HIGHVOTE =-1
if LOW >previous LOW then LOWVOTE =1 if LOW < previous LOW then LOWVOTE =-1
if CLOSE>previous CLOSE then CLOSEVOTE=1 if CLOSE < previous CLOSE then CLOSEVOTE =-1
TOTALVOTE = HIGHVOTE + LOWVOTE + CLOSEVOTE MVOBV = previousMVOBV + TOTALVOTE * Volume MVOBV = previousMVOBV + TOTALVOTE * Volume
The indicator was revised and updated
Re: MultiVote OBV
Alexander.Gettinger · Mon Oct 27, 2014 10:37 am
MQL4 version of MultiVote OBV oscillator: viewtopic.php?f=38&t=61384.
Re: MultiVote OBV
Apprentice · Thu Jun 29, 2017 6:07 am
The indicator was revised and updated.