On-balance volume: cumulative signed volume since the first bar in view.
Preview
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What it measures
Volume added on up closes and subtracted on down closes, cumulatively: a running flow tally.
- Output
- A line, as a ratio
- Feeds
- Entry and exit rules
- Warm-up
- 2 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- On Balance Volume (OBV)
- Also known as
- OBV