OPEN-SOURCE SCRIPT

OBV Oscillator [LazyBear]- with some MAs

This indicator in modified OBV written by LazyBear
I just added the 2 different Bollinger Bands and 2 different moving averages to the OBV version of LazyBear.

OBV line green -> OBV above zero
OBV line red -> OBV under zero

green background line -> OBV crossover 1st Moving Average
red background line -> OBV crossunder 1st Moving Average

blue '◆' -> OBV crossover 2nd Moving Average
yellow '◆' -> OBV crosunder 2nd Moving Average

blue '+' -> 1st Moving Average crossUNDER 2nd Moving Average
red '+' -> 1st Moving Average crossOVER 2nd Moving Average
On Balance Volume (OBV)Volume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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