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pirate67
99 posts
msg #94558
Ignore pirate67
7/5/2010 1:34:12 PM

www.mta.org/eweb/docs/2002DowAwardb.pdf

four
4,002 posts
msg #94559
Ignore four
7/5/2010 2:12:16 PM

http://ta.mql4.com/indicators/volumes/on_balance_volume

perhaps... StockFetcher : OBV


8/28/2002 8:37:20 AM


On Balance Volume(OBV)
Parameters none
Usage OBV
Description On Balance Volume uses volume on up and down days as a momentum indicator for a stock. A cumulative momentum indicator, the On Balance Volume adds the daily volume on a day where the stock closes up and subtracts the daily volume on days when the stock closes down. Because the OBV is not normalized from one stock to another, typical interpretations analyze the slope to determine potential momentum changes.
Examples
Fetcher[OBV has been increasing for 3 days]



Fetcher[OBV has been decreasing for 5 days lag 2 and OBV has been increasing for 2 days]



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