Updated
Negative Volume Disparity Indicator
The Negative Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic Negative Volume indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the nvdi rises above its signal line and sell when it falls below the signal line.
The OBVDI was a special request so I figured I would add this one as well. Let me know what other indicators you would like me to write scripts for!
The OBVDI was a special request so I figured I would add this one as well. Let me know what other indicators you would like me to write scripts for!
Release Notes
updated to match the on balance volume disparity indicatorRelease Notes
fixed small typoRelease Notes
fixed small divide by 0 typoRelease Notes
updated to match with my other indicatorsRelease Notes
fixed a small signal issueRelease Notes
fixed issue with default resolution
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.