SC MTF Obv for MT5 with alert
- Indicators
- Krisztian Kenedi
- Version: 4.3
- Updated: 30 October 2024
Highly configurable OBV indicator.
Parameters:
Features:
Features:
- Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup)
- Multi timeframe ability
- Color customization (at levels, crosses, direction changes)
- Linear interpolation and histogram mode options
- Works on strategy tester in multi timeframe mode (at weekend without ticks also)
- Adjustable Levels
Parameters:
- OBV Timeframe: You can set the lower/higher timeframes for OBV.
- OBV Bar Shift: You can set the offset of the line drawing
- OBV Period / Applied Price: OBV parameters.
- Stepless (Linear Interpolation): Turn on/off the linear interpolation (with multi timeframe mode on lower timeframe).
- Shows Level: Turn on/off the level showing.
- Adjust a Level of OBV: Adjust a OBV level.
- Enable or Disable All Alert Functions: Turn on/off all alert functions.
- Alert if... : You can enable/disable various alert events (for crosses, direction changes at after candle closed/before candle closes).
- A Short Message for You to Identity This Indicator Instance: Specify a short message for you to identity which indicator alerted.
- Alert with Email: Switchable alert mode.
- Alert with Push Notification: Switchable alert mode.
- Alert with Popup Window: Switchable alert mode.
- Alert with Sound: Switchable alert mode.
- Choose Sound File for Sound Alert: Select sound file for sound alert.
- Color Mode: Switchable color mode (Simple Color, Cross, Cross After Closed, Cross On Selected Timeframe, Cross After Closed on Selected Timeframe, Only direction, Direction with levels, Only Levels)
- Draw OBV Line in Histogram Mode: Draws OBV Line with line or histogram mode.
- Color 1 of OBV Line, Color 2 of OBV Line, Color 3 of OBV Line, Color 4 of OBV Line: Set colors.
- Width of OBV Line: Style setting.
- Style of OBV Line: Style setting.
I'm not using OBV so much lately, but still, this is a very good substitution for stock MT5 OBV indicator. Comes with all alert types and customized colors based on level and directions. Wish Krisztian keep developing and optimizing for speed, at least monitoring it, for sometimes MT5 requires an indicator to be recompiled. Thumbs up!