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Table of Contents
## Tutorials## FAQ: Frequently Asked Questions## Reference Guide: Indicators## Reference Guide: Actions## Tips |
## Reference Guide / Indicators / OBV - On Balance Volume## NameOn Balance Volume ## DefinitionOn Balance Volume, or OBV, is a volume based indicator which is calculated by cumulatively adding or subtracting the volume of a stock depending on whether the price is higher or lower that day. It is often used to confirm price moves with the assumption that the volume is high on days where the price move is in the dominant direction. ## ParametersNone ## ExamplesOBV().MIN When On Balance Volume is at its minimum OBV().SMA(5).MAX When a 5 day Simple Moving Average of On Balance Volume is at its maximum OBV().EMA(10).ANGLEGT(5) When a 10 day Exponential Moving Average of On Balance Volume has an slope angle above 5 degrees ## Sample StrategyOn Balance Volume - OBV Strategy |

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