On Balance Volume

A

aarun3034

Guest
#1
It is said that On Balance Volume indicator is preciding the price changes. Now my question is by how many days it will precede the price chart.Secondly if the On Balanve Volume is going up whereas the prices are going down then what is the interpretion??
Thanks
 

sudoku1

Well-Known Member
#2
It is said that On Balance Volume indicator is preciding the price changes. Now my question is by how many days it will precede the price chart.Secondly if the On Balanve Volume is going up whereas the prices are going down then what is the interpretion??
Thanks
this indicator is the least favoured by chartists;)