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VT version of OBTR
This is from VT forum, VT indicator attached. Can someone port it to MT4?
I'll show you how to use it... :-)
Integrating oscillators and OBTR creates a simple yet powerful trading method. My On-Balance True Range study provides reliable trend-following confirmation of oscillator divergence signals in all time frames from intraday charts to the daily and weekly charts."
(Note: The OBTR Cross is best used as a Screen for one's signals and not for signals itself as it also shows divergence well. Take signals from other indicators if OBTR Cross confirms and watch for price reversals following divergence.)
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