Blog : OBV - On Balance Volume with MA Indicator
OBV - On Balance Volume with MA
OBV (On Balance Volume): The On Balance Volume (OBV) indicator measures buying and selling pressure in technical analysis. It is a cumulative indicator: on days when the price rises, the day's volume is added to the OBV total; on days when the price falls, the volume is subtracted from the OBV total. The OBV value is plotted as a line for easy interpretation. OBV is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences.
| OBV - On Balance Volume with MA Inputs | |||
|---|---|---|---|
| Trend Following | Mean Reversion | ||
| SMA Period | 20 | SMA Period | 20 |
| OBV - On Balance Volume with MA | Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|---|
| Trend Following | OBV Value crossover OBV MA Value | OBV Value crossunder OBV MA Value | OBV Value crossunder OBV MA Value | OBV Value crossover OBV MA Value |
| Mean Reversion | OBV Value crossunder OBV MA Value | OBV Value crossover OBV MA Value | OBV Value crossover OBV MA Value | OBV Value crossunder OBV MA Value |
| OBV - On Balance Volume with MA | Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| Trend Following | OBV Value > OBV MA Value | OBV Value < OBV MA Value | OBV Value < OBV MA Value | OBV Value > OBV MA Value |
| Mean Reversion | OBV Value < OBV MA Value | OBV Value > OBV MA Value | OBV Value > OBV MA Value | OBV Value < OBV MA Value |