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AFX OBV Trendline

The "AFX OBV Trendline" draws all trendlines automatically, on the OBV indicator.


Features

AFX OBV Trendline Indicator draws the following on the OBV indicator:

  • Trendlines
  • Channels
  • Linear Regression Channels


Input Parameters

OBV Settings

  • applied_price - OBV indicator's price
  • OBV_Color - Color of the OBV line
  • OBV_Width - Width of the OBV line
  • OBV_Style - Style of the OBV line

Show Bars

  • showBars - The number of bars to show

Trend Lines

  • trend - To show or hide Trendlines
  • Trend_Up - To show or hide upward trendline (works if trend = true)
  • Trend_Down - To show or hide downward trendline (works if trend = true)
  • THighline - Color of the downward trendline
  • TLowline - Color of the upward trendline

Channel Lines

  • ChannelLine - To show or hide Channel lines
  • Highline - Color of the upper channel line
  • Lowline - Color of the lower channel line

Linear Regression

  • Channel - To show or hide Linear Regression Channel
  • ChannelH - Color of the upper channel
  • ChannelL - Color of the lower channel
  • Regression - True/False Regression
  • RayH - Continuous upper channel
  • RayL - Continuous lower channel
  • STDwidthH - Standard Deviation of upper channel (works if Regression = false)
  • STDwidthL - Standard Deviation of lower channel (works if Regression = false)

Check in the back

  • Back - If you keep it equal to 0, it will check current bar. If you want to see if there was any trendline 5 bars back then you can set it to 5 and so on.
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