OBV Divergence Indicator
Platform: MT4 Type: Pattern Last update: October 7, 2024The OBV Divergence indicator is, as the name suggests, a forex trading tool that shows On Balance Volume divergences.
When you load up the indicator into charts you should still adjust its settings. There are two options you will need to turn on.
Set both the drawIndicatorsTrendlines and drawPriceTrendLines to true.
Except that you will need to manually set the indicator’s timeframe to fit the current chart timeframe (it doesn’t change automatically).
