The indicator calculates OBV and PVT based on ticks. Since, the indicator relies on live ticks, it only starts execution after it is put on the charts. The script can be useful in analysing intraday buy and sell pressure. Details are color coded based on the values.
very useful , how about pivot high and pivot low , auto anchored vwaps for three different timeframes
Trendoscope
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@Choubey_Rahul, I am not sure if pivot high/low will be useful on intrabar. Vwaps are not my speciality. May need to study that further.
safeuse97
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The script is very good. But i have found one issue in it. whenever the current candle is about to end the whole volume of the candle either get added or subtracted in the obv value. According to me it should not happen because the value of obv is getting adjusted at each tick then why we are adding whole volume in it. Can you clarify it if i am wrong?
Trendoscope
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@safeuse97, You my friend, helped me uncover a critical bug. Yes, this is happening on first tick of new bar I guess. Fixing it soon.