Every COIN daily chart is already carrying a running total nobody put there on purpose, going back to a single trader's idea from 1963, that has nothing to do with price itself.
It isn't a moving average of price.
It isn't a bounded oscillator.
It's a cumulative volume ledger, added to on every up day and subtracted from on every down day, decades old and still tracked by traders who never think twice about where it came from.
This isn't watched for its raw value.
The number itself has no fixed ceiling and means nothing on its own.
What matters is the exact moment that running ledger crosses its own 20-day average, on COIN, once a day, and that crossing is the entire idea.
Not a guess. Not squinting at a jagged line for a hunch. One line, one cross against its own average, marked the moment it happens.
What that ledger is actually built from, the exact average it's measured against, and the 9 exact steps to get it live on your own COIN chart in the next few minutes, are all laid out below.
Nothing here is a promise about what happens after that line crosses. That part is still on you. But the moment itself, the one almost nobody has their chart set up to actually catch, is $7 and about 2 minutes away.
A Trading Habits Indicator
On-Balance Volume 20 SMA Signal
Joseph Granville's original On-Balance Volume line with a 20-period signal-line cross, coded for TradingView and tuned for COIN on daily candles.
- Includes A TradingView Indicator, plus a 7-page cheat sheet PDF
- Author TradingHabits.com
- Format Instant download, delivered right after checkout
- Covers What OBV measures and the logic behind it, the standard 20-period signal-line convention and where it comes from, how to read the signals, and exact numbered install steps for TradingView
This is a standard, documented indicator, coded clean and tested live on a real chart before it shipped.
What's Inside
20 Things This Cheat Sheet Actually Says
- 01The 1963 book this entire indicator traces back to, and the one-line rule it's built on for every single bar, spelled out in full, so you know exactly what's driving the number before you ever load it.Page 2
- 02What happens to the running total on a bar where price closes exactly flat, a case this cheat sheet addresses directly, so an edge case never leaves you guessing what the line is doing.Page 2
- 03The core premise behind why this indicator was built at all, stated in one plain sentence about volume and price, so you understand the idea behind the math, not just the math itself.Page 2
- 04Why this cheat sheet says reading the raw line by eye is noisy, and the one thing added on top of it to fix that, so you're not stuck squinting at a jagged line for a signal.Page 2
- 05The exact two events, and only two events, this script is built to watch for between its two lines, so you're tracking two specific things instead of an entire pane of noise.Page 2
- 06Where the 20-period signal-line length actually comes from, traced back to the same person who invented the base indicator, so you know this isn't an arbitrary number someone picked later.Page 3
- 07Why this script uses a simple moving average instead of an exponential one, and what the cheat sheet says about that choice, so you understand the tradeoff instead of just accepting a default.Page 3
- 08What this cheat sheet says actually matters about OBV's raw number, since the line itself has no fixed scale, so you stop looking for a "good" or "bad" number that was never part of the design.Page 3
- 09The one property this cheat sheet says an instrument needs for OBV's calculation to have anything meaningful to work with, so you know COIN was picked for a real, stated reason.Page 4
- 10Roughly how much real calendar time sits behind this indicator's signal line on this exact timeframe, so you can picture what the average is actually smoothing before you act on it.Page 4
- 11What color each of the two lines is on the chart, and which one is the signal versus which one is OBV itself, so you can read the pane correctly the first time you open it.Page 4
- 12What the shaded space between the two lines is meant to show you at a glance, without reading either line's exact value, so you can read pressure direction in half a second.Page 4
- 13What has to happen on the candle's close, not just a touch of the signal line, before this script will call something a cross, so a stray intraday wiggle doesn't send you chasing a false signal.Page 5
- 14The one thing this cheat sheet says never happens to OBV, unlike a bounded oscillator, and why that matters for how you read it, so you don't misapply rules from a completely different kind of indicator.Page 5
- 15What this cheat sheet states outright about what this script has zero knowledge of regarding the person using it, so your own risk decisions stay in your own hands.Page 5
- 16Nine numbered steps stand between opening TradingView and having this indicator live and alerting on a COIN chart, so the whole setup fits into a coffee break instead of an afternoon lost to a manual.Page 6
- 17The exact confirmation message TradingView itself displayed, timestamped, the moment this script compiled clean on a live chart, so you're seeing actual proof it works instead of taking "it works" on faith.Page 7
- 18What this cheat sheet says can happen around earnings or major news, and why that's called expected behavior, not a flaw, so a volatile day doesn't have you second-guessing a tool doing exactly what it should.Page 7
- 19The three specific things this indicator is stated to have no knowledge of about the person using it, so you know precisely where the tool's job ends and your own judgment has to start.Page 7
- 20What this cheat sheet says was never run to produce this product, and the specific claim it explicitly refuses to make anywhere inside it, so what you're buying is an honest tool, not a sales pitch dressed up as one.Page 7
HABITS
★
Certificate of Guarantee
60-Day, No-Questions-Asked
If On-Balance Volume 20 SMA Signal doesn't earn its place in your indicator list, email us any time within 60 days of purchase for a full refund. No form to fill out. No reason required.
Instant Download
$7One-time payment. No subscription.
Order NowTRADINGVIEW INDICATOR + 7-PAGE CHEAT SHEET · DELIVERED IMMEDIATELY AFTER CHECKOUT · 60-DAY GUARANTEE