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. The OBV value is then plotted as a line for easy...
About the Indicator: V-RSI uses values from the traditional "Relative Strength Index(RSI)" oscillator and the "On Balance Volume(OBV)" indicator and anchors them into an oscillator format. In doing so, we are given a more concrete overview of volume/sentiment data relative to the RSI for analysis of trend strength and decision making. EXTRAS: BTC MODE => for...
Anchored OBV SpaceManBTC The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure. On Balance volume is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences. Anchored On Balance Volume unlike traditional OBV resets on your specified sessions: D, W, M,...