Stochastic On Balance Volume(not sure why the text in the image above is messed up; it looked good before publishing. The oscillators above are (from top to bottom) StochOBV, OBVOSC (LazyBear), OBV)
Applies the Stochastic Oscillator to OBV the same way StochRSI applies the Stochastic Oscillator to RSI.
Features:
- Bounded between 0 and 100, so it may be used for overbought/oversold alerts;
- Uses two lines for crossing signals similar to Stoch and StochRSI;
- Only considers recent OBV action, similar to how StochRSI only considers recent RSI action;
It can be used for simple signals, divergence, trend lines, and any other method you'd use StochRSI for.
The OBV calculation is from LazyBear's OBVOSC script here , so thank you for your script.
Stochasticdivergence
Stochastic + Stochastic RSIJust a basic indicator I rigged up to help reduce screen real estate that ended up providing more insight than expected; overlays both the stochastic and stochastic RSI. While I initially made this to save space, I've begun to pick up on some interesting patterns in cryptocurrencies based on the divergence of stochastic from the stochastic RSI, and the comparison of their swing lows.
Left all settings modifiable, since this is simply a combination indicator I've left the source code open unlike other proprietary indicators I use.
Happy trading!
Austin Doyle
CTO
Crypto Playhouse
