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@  binaryy : (28 March 2020 - 08:02 AM) Admin, please delete my account permanently. Thank you
@  binaryy : (28 March 2020 - 07:56 AM) how to delete account
@  binaryy : (28 March 2020 - 07:56 AM) close account
@  BOedge : (28 March 2020 - 06:43 AM) he sent ex4 files for a reason
@  BOedge : (28 March 2020 - 06:40 AM) @ roopem - rich is relativ. When you look at some of his trades, the amounts were relatively small. In US funds. But when the average monthly income of your country is below 300 bucks, then it ends up being a lot. Btw, rich and successful people also die at some time. The strats and the indis, the way the indis were named, the way of conversing, were all the same.
@  Chosen3000 : (28 March 2020 - 03:47 AM) I think MTH2014 has passed away...
@  roopem : (28 March 2020 - 03:16 AM) i got an indicator he shared privately that needs update and the only one that can update it is him, i dont know if someone can decompile it tho
@  roopem : (28 March 2020 - 03:03 AM) i would like to talk with MTH2014 but he doesnt answers his pms neither his telegram
@  roopem : (28 March 2020 - 03:02 AM) i doubt nih98 is MTH2014, because MTH2014 is a rich and successful trader...
@  Tripack : (27 March 2020 - 12:36 PM) Yeah he was
@  traderpusa : (27 March 2020 - 01:53 AM) search for him in BOE, he had a couple of threads. Very talented coder.
@  ishan007 : (27 March 2020 - 01:03 AM) who is MTH14 btw
@  BOedge : (25 March 2020 - 02:50 PM) Uncle... :(
@  traderpusa : (25 March 2020 - 11:27 AM) @kouropalatisk, his intentions are clearly not trading related lol.
@  Tripack : (25 March 2020 - 11:18 AM) I think it is explained here :( https://www.forexfactory.com/nih98
@  kouropalatisk : (25 March 2020 - 07:21 AM) @traderpusa, I'm a newbie as well but I lol'd a lot reading your reply below hahaha!!! :lol: :lol: :lol:
@  traderpusa : (25 March 2020 - 02:23 AM) 0 post since 2016 and that is your first question ?
@  roopem : (25 March 2020 - 01:42 AM) do anyone know what happened with MTH2014 and who is his cousin here?
@  roopem : (25 March 2020 - 01:42 AM) hey guys
@  David : (23 March 2020 - 09:47 PM) how about you?

Photo

Simple OBV divergence alert


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3 replies to this topic

#1 kouropalatisk

kouropalatisk

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Posted 23 March 2020 - 09:50 AM

Hello

I am looking for an OBV divergence indicator which gives alerts on the candle that forms divergence.

Not on the next one.

I know that giving alerts on the next one is more "solid" but I prefer on the candle and I'll be the judge if I wanna enter or not!  :D

 

I found one online (please see attached file 1)
but as you can see it shows tiny-little divergences than bigger/longer ones.

And it also when it sees a divergence, it alerts on-every-next-candle which is a bit annoying.

 

If it would show (and alert) on larger divergences (please see attached file 2) it would be ideal.

 

And I wanna use it on whatever timeframe needed if possible.

Let me know if anyone can be of any help.

Thank you guys.

(I don't know if I posted on the correct section!)

Attached Thumbnails

  • 2.PNG
  • 1.PNG


#2 BOedge

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Posted 23 March 2020 - 06:09 PM

If you were to look at the chart in real time running, then the point of divergence would be where the yellow line is [see pic]. That is where an indicator would alert. And also where you would mark that spot manually because you are not seeing the next lower low yet. An indicator cannot spot the point of wishful thinking for you. But maybe there is some other help...

 

You can try to find a multi timeframe indi. Failing that you can always have several charts open at the same time and check. Higher time frames will give you a greater range. 

 

Re alert during the current candle. Well, that would give too many false signals because the indi calculates from the close of the candle. An alert before the close would create a lot of false signals that end up disappearing once the candle closes. So you will be off not much better.

 

Here is another good thread with divergence 

http://www.binaryopt...nds-divergence/

it will help alert you to hi/lo conditions, then you can check the divergence you are looking for manually. Will save you at least some part of monitoring the charts and should do the trick. 

 

In order to create a reliable indi that gives you divergence further apart you need something that will pinpoint the two locations in the chart. Or you go by a certain distance, but then you run the risk of missing good set ups. Best to find the hi/lo areas in the chart like in the link just above and do the rest manually. 

Attached Thumbnails

  • boe.png


#3 kouropalatisk

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Posted 24 March 2020 - 06:45 AM

First, I'm glad you replied man, thank you for this!

I must agree that it'll give way too many signals if it occurs on the same candle, so I'm happy to alert on the very next one.

 

 

In order to create a reliable indi that gives you divergence further apart you need something that will pinpoint the two locations in the chart.

YES! There should be like...a factor to "expand" that distance.

Do you have anything in mind?

 

(again, thank you!)



#4 BOedge

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Posted 24 March 2020 - 03:43 PM

Glad to help

 

Read the thread in the link I posted, and also this one

http://www.binaryopt...p-to-code-indi/

which preceded that strategy. It explains how the signal for the highs and lows work, and has the whole progression into explaining how to work in the divergence. So both threads are a worthwhile read. You can just pop in your obv indi if it helps you, although many of these kinds of indis produce similar results. Both threads are not very long, very simple logic. 

 

Might want to save both threads and the pix, since this site will be closing down soon. 






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