All About OBV by John Devcic
On-balance volume is a classic indicator that can be helpful for indicating trends and for confirming other indicators. You’ve undoubtedly looked at it on your charts, but if you’ve never really known exactly how it works or how it’s most useful, here’s a close-up view.
While the number of tools available to the trader grows all the time, sometimes the tools and indicators that have been around a long time still serve the trader well. In this article, I’ll examine one of them, the on-balance volume (OBV), and show you how I have used it to trade ...