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ON BALANCE VOLUME


  • To: OMEGA LIST <omega-list@xxxxxxxxxx>
  • Subject: ON BALANCE VOLUME
  • From: Brent August <BRENkkkkkkkkkkkkkNET>
  • Date: Wed, 8 Dec 1999 08:07:22 -0800

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In TS4.0 there is a indicator called On Balance Volume. It adds the "up"
tick to the prior total to show a buy signal  and subtracts the "up"
tick from the prior total to show a sell signal.

I would think that it should subtract the "down" tick to show a sell
signal instead.

Anyone know?

Brent