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Date/Time: Mon, 13 Jan 2025 09:08:23 +0000



[Programming Help] - OBV

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[2017-04-13 04:15:52]
User28682 - Posts: 233
Question for anyone knowledgeable with OBV and SC.
The formula for OBV in SC adds volume for a trade that is higher than trade[1] and
subtracts volume for a trade that is lower than trade[1], correct?
It does nothing for a trade that is the SAME as trade[1], correct?
From what I can see it is adding/subtracting volume for a trade that is at the SAME price as trade[1].

Can anyone shed light on how this is actually handled? Are there two schools of thought on what is a "higher" trade.

Thanks!

Tom

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