Disliked...
However, altho indicator is good & it certainly seems useful, can someone explain why none of the experienced guys screenshots seem to include it?....Ignored
As i was trying to unclog my charts (used to be FULL of indicators including OBV) & learning to trade "cleaner" charts, & along the road i encountered this VSA, i have discontinued using OBV for the past 6-8months (I have it on my charts since i started around 2-3yrs ago).
OBV is quite similar with A/D (Accumulation/Distribution, another MT4 default indicator), shows trend, ranges, divergence. but it does not show spread information (which is part of & important in Volume Spread Analysis) since OBV is an oscillator (indicator that goes up & down). histogram indicators (bar chart "look"; histogram indicator example is MACD) specially the Better Volume indi. can show/facilitate VSA trading better (because u can see hi/low volume per bar, & every bar can get colored --red(climax), white, green(churn) etc.-- depending on the type/amount of volume present).
Come to think of it, OBV may compliment VSA trading. I'll test it out & use OBV &/or A/D again.. Thanks for the idea.. (Me using/revisiting OBV again might have come sooner rather than later)