volume, trading. It works well on daily time-frames. When they diverge, look out for opportunities to fade dumb money that does not have the support of volume. Volume decreases when the market is moving against the trend.
Bagaimana cara trading forex yang benar, Forex price action trading signals indicator,
The look-back period of 233 is my standard parameter for long-term analysis. Most of the time, the on- balance volume matches price movement. Volume increases when the market moves along with the true market trend. If the bar closes down, minus the volume of that bar. WAG caught prices within a trading range, and many more bad OBV signals emerged. The rules are effective for picking up potential weak movements to fade.
On balance volume trading strategy pdf