OBV, On Balance Volume

Parameter Default Acceptable Values

n/a

n/a

n/a

Example

n/a

Description

OBV is calculated by adding the volume for a given interval to a running subtotal if the price change for the period is positive and subtracting the volume if the price change is negative.  OBV highlights price divergences.

ErlangerQuote Special

The study label, the text box that shows its current value, can be placed on either the left or the right axis.