Abbreviation: OBV
Category: Volume
Input Parameters:
Name | Range | Default |
Closing Price | Close | |
Volume | Volume | |
Summation Periods | Int >= 1 | 5 |
Calculation:
Sum X over the last n periods
where
X = OBV: Raw(Closing Price, Volume)
n = Summation Periods
OBV: Raw represents : Raw
Discussion:
Provides a running total of over the last n periods.