on balance volume





















on balance volume



On balance volume has proved to be one of the best leading indicators of price movement. It has been said that if price were a train, then volume would be the steam that makes it go. That is to say, the pressure of the steam must change before the train speeds up or slows down. On Balance Volume (OBV) is an excellent tool for measuring this steam. On balance volume has proved to be one of the best leading indicators of price movement.


 



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There are always ways to improve your trading. On balance volume has proved to be one of the best leading indicators of price movement. The shortfall of this leading indicator is that it generalizes price movement. On balance volume has proved to be one of the best leading indicators of price movement.