Obv Indicator Forex

On Balance Volume - Volume Indicators - MetaTrader 5 Help
On Balance Volume. On Balance Volume Technical Indicator (OBV) is a momentum technical indicator that relates volume to price change. The indicator, which Joseph Granville came up with, is pretty simple. If the close price of the current bar is higher than that of the previous bar, the volume of the current bar is added to the previous OBV.

OBV (On Balance Volume) indicators for MT4 - Page 4
According to my findings the Volume Flow Indicator was first introduced by Markos Katsanos and is based on the popular On Balance Volume (OBV) indicator. A simplified interpretation of the Volume Flow Indicator is: Indicator above the Zero line indicate a strong bullish state. Indicator below Zero line indicate a strong bearish state.

OBV - Forex Indicators Download
Forex Indicators Download â€" Instructions. OBV is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data. OBV provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

On-Balance Volume: The Way To Smart Money
On-balance volume (OBV), a momentum indicator that measures positive and negative volume flow, was developed by Joseph Granville and introduced in 1963 to the technical community inside the pages

On Balance Volume (OBV) â€" Technical Indicators â€" Indicators
The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure. It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative OBV total. If price went down, then that day's volume is subtracted from the OBV total.

On Balance Volume (OBV) - Technical Analysis
The On Balance Volume indicator might be used by traders as a tool to confirm price trends or warn of potential price reversals because of divergences between the price and the OBV indicator. An example of an On Balance Volume divergence is given below on the price chart of Merck (MRK) stock:

On Balance Volume (OBV) Trading Indicator - Tutorial and Examples
On balance volume (OBV) uses volume to predict security price movements in advance. Like other volume-based indicators, such as the negative volume index, Klinger volume oscillator, and money flow index, it will work only on markets with exchange volume associated with them.