On Balance Volume: What It Is and How to Use It 🙌

1 year ago
18

Technical Trading Indicators
✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c...
📞 Join Mark's TradersMastermind: https://www.tradersmastermind.com/trader
✅ Check Mark's Premium Course: https://price-action-trading.teachabl...
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!

The On Balance Volume indicator (OBV) http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! The OBV is utilized in technical analysis to measure buying and selling pressure. On-Balance Volume is a summary of volume in an uptrend against the downtrend. If the market closes higher than the prior's day close the volume on that is added to the indicator. If the next day we have an 'up day' again the volume of that day is again added to that indicator. If we have a down day then that day's volume is taken away from the current indicator value. The OBV value is subsequently plotted as a line for interpretation. On Balance volume is normally utilized to confirm or spot prevailing price trends and/or to anticipate price movements after divergence. Divergences between On Balance Volume and price may indicate the price may be approaching a reversal. Using trend lines can also help in identifying divergences and trading opportunities as they come up.

✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.

Sign up with Trade Nation: http://www.financial-spread-betting.c...

📜 Disclaimer 📜

81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Loading comments...