Normalized OBV

When looking at the information of On Balance Volume indicator, a question arises: is it a strong or weak movement? Should it be compared with previous days? These data should be normalized to always have a reference.


This indicator presents the followings parameters:

  • Normalization period (Max-Mins absolute)
  • Smoothing period (-1 off)
  • Tick/Real Volume
  • Maximum number of bars to calculate (-1 off)
  • Upper value normalization
  • Lower value normalization

Calculation: normOBV = (value - absMin) * (relMax - relMin) / (absMax - absMin) + relMin

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ATR channel all MAs
Jose Miguel Soriano
"ATR channel all MAs jm" is a indicator that allows displaying on a chart the ATR channel calculated according to the moving average selected. You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA. General Parameters: Channel type - true: channel ATR, false: channel price. Method MA - select the type of moving average to show in the current graph. Period MA - the number of bars to calculat
"Bollinger Bands all MAs" is an indicator that allows drawing Bollinger Bands calculated according to the selected moving average. You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard ones - LRMA, HMA, JMA, AFIRMA. General Parameters Method MA - select the type of moving average to be displayed in the current graph. Period MA - the number of bars to calculate the MA. Width bands - the width of the bands expressed
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