OnBalanceVolume(Series) Method

On Balance Volume ("OBV") is a momentum indicator developed by Joe Granville that relates volume to price change.

[Visual Basic]
Overloads Public Shared Function OnBalanceVolume( _
   ByVal s As Series _
) As Series

[C#]
public static Series OnBalanceVolume( 
   Series s
);

Parameters

s

An series where the first element is the closing price in the last trading period, the second term is the closing price in the previous trading period and so on.

Remarks

Indicator Formula

The formula for this indicator is:

See Also

FinancialEngine Class  | FinancialEngine Members  | Overload List

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