Overload List
| Overload | Description |
|---|---|
| OnBalanceVolume(String,Series) | On Balance Volume ("OBV") is a momentum indicator developed by Joe Granville that relates volume to price change. |
| OnBalanceVolume(Series) | On Balance Volume ("OBV") is a momentum indicator developed by Joe Granville that relates volume to price change. |
| OnBalanceVolume(SeriesCollection) | On Balance Volume ("OBV") is a momentum indicator developed by Joe Granville that relates volume to price change. |
Remarks
Indicator Formula
The formula for this indicator is:
If today's close is greater than yesterday's close then:
OBV = Yesterday's OBV + Today's Volume
If today's close is less than yesterday's close then:
OBV = Yesterday's OBV - Today's Volume
If today's close is equal to yesterday's close then:
OBV = Yesterday's OBV