Pip Foundry - Simple OBV — Indicator by PipFoundry

My premium indicators are available for monthly lease at

On request from SunnyBTC for trading Forex pairs that do not themselves have any volume indication.

The concept: A simple OBV that will display the volume of a security other than what you are charting.

Edit: This script has been updated.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?

//Pip Foundry - Simple OBV
study(title="Pip Foundry - Simple OBV", shorttitle="Pip Foundry - Simple OBV")
SecInput = input(defval="FX_IDC:EURUSD", title="Security Volume", type=symbol, confirm=true)
VolSrc = security(SecInput, period, volume, false)
src = security(SecInput, period, close, false)
obv = cum(change(src) > 0 ? VolSrc : change(src) < 0 ? -VolSrc : 0*VolSrc)
plot(obv, color=blue, title="OBV")