Ultimate OBOS Divergence

Higher Time Frame Indicator

The Ultimate OBOS Divergence tool and oscillator from AlgoBox™ is intended to be used on larger "size" charts like the Tide, Wave or MACV.

The divergence, indicated by purple Triangles on the chart, signals that the price could be reversing soon in the direction of the Triangle's point.

The Ultimate OBOS highlights possible divergence with a purple Triangle pointing towards the potential change in direction.

Here is an example of the Ultimate OBOS Divergence displayed on a 24-range chart, showing 5 Divergence Triangles.

The Ultimate OBOS Divergence is one of the multiple tools to be used in the Order of Operations process in your trading analysis.

Here is another example of the Ultimate OBOS Divergence displayed on the MACV chart showing 6 Divergence Triangles.

Users have the option to hide the oscillator window so that only the Divergence Triangles, providing more space on the chart:

The Ultimate OBOS oscillator window can be concealed by dragging it downward, to provide more space for the chart, as demonstrated in the example above.

Custom Settings

Users also have customizable options for:

-Custom Sound Alert or auto AlgoVoice (.wav file format only) -AlgoVoice speed (Voice Rate) -Show Divergences (Triangles) ON/OFF -Divergence Triangle Color -Triangle Size

The Ultimate OBOS indicator settings provide options to control audio alerts when a divergence appears. You can also customize the size and color or opt not to display divergences at all.

Video Tutorials

WATCH: Vinny E. Mini explains the Ultimate OBOS Divergence tool and how to use it, in this video tutorial.

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Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

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