On Balance Volume

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.
 

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