Experiments with OBV

[varunkochhar]

Subhadip ji to buy when we go above the last 5period high of OBV. We can also add a filter of price also going above the last 5period high. The opposite for sell.

 

[Subhadip]

Subhadip ji to buy when we go above the last 5period high of OBV. We can also add a filter of price also going above the last 5period high. The opposite for sell.

Can any one tell me how to trade OBV seeing chart posted by ST sir

 

[varunkochhar]

Buy above the last pivot high of OBV. Keep on trailing till we are making higher highs / higher lows. Simple.

 

[varunkochhar]

For ease of use of this OBV method we had designed the ribbon system.

 

[varunkochhar]

Subhadip ji basically the biggest benefit or USP of this method is that it lets you stay with the trend for the longest time. If you allow me i shall post some charts to explain my point.

 

[Subhadip]

Subhadip ji basically the biggest benefit or USP of this method is that it lets you stay with the trend for the longest time. If you allow me i shall post some charts to explain my point.

Why not sir. U have introduced it here in TJ.

Please sir. Guide me.

 

[VJAY]

Can any one tell me how to trade OBV seeing chart posted by ST sir

my view of trades...though varun ji saying when 5 obv breaks down enter short
But we can away from shorts using 200 ema filter ..my view

 

[XRAY27]

my view of trades...though varun ji saying when 5 obv breaks down enter short
But we can away from shorts using 200 ema filter ..my view

Vjay

Repost the afl once again !! so that it will be easy to get that point on daily charts

 

[varunkochhar]

VJAY ji the colours in your OBV line is reflecting the status as per 200EMA of OBV ?

 

[VJAY]

Vjay

Repost the afl once again !! so that it will be easy to get that point on daily charts

okey xray bhai....

Highs = EMA(High, 200);

Lows = EMA(Low, 200);



UpTrend = C > Highs;

DnTrend = C < Lows ;

Colors = IIf(UpTrend, colorPaleGreen, IIf(DnTrend, colorRed, colorWhite));


Plot(Close, "Price", Colors, styleCandle | styleThick);