Bollinger on OBV ?

[roonius]

That is more detailed . All the numbers are positive on the output window and
OBV itself is a very negative number on this chart . Seems to me that :

Middle.Set(OBV(SMA(Period))[0]);
Should be :
Middle.Set(SMA(OBV(Period))[0]);

But that won't compile . So , ???

Middle.Set(SMA(OBV(obvPeriod),smaPeriod)[0]);

[randyjb]

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

[T2020]

Middle.Set(SMA(OBV(obvPeriod),smaPeriod)[0]);

Another piece of the puzzle .Thank you . But , since it won't compile
I'd have to say randyjb is right . Which might be the last problem to correct.

[roonius]

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

I just wanted to show what is wrong in the code. You can use
Middle.Set(SMA(OBV(Period),Period)[0]);

[T2020]

I only did the middle line as a test . Is there a minor change needed ?

[roonius]

I only did the middle line as a test . Is there a minor change needed ?

my mistake... OBV has no parameters:

Middle.set(SMA(OBV(), Period)[0]);

[T2020]

my mistake... OBV has no parameters:

Middle.set(SMA(OBV(), Period)[0]);

Thank you roonius and all for the help . I had to set the indicator to 15000
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 .

[Mike0812]

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.