Disliked{quote} Tested. OBV is too unstable. Too many false signals. If I have to filter the signal with an EMA. Why don't I just use the EMA ? If a filter is better than the signal, then I use the filter as the signal. Unfortunately, this story never ends. Because the next question is, how do I filter the EMA ? A never never ending story. Indicators are not the solution for those who do not know the system. Indicators are only a rough orientation in the empty chart. but never the necessary signal to trade. There is no indicator without false signals. There...Ignored
Thanks for your answer.
What I was looking for when saying EMA Filter is a second confirmation indicator.
OBV and MA OBV cross-over is a very early trend change confirmation that why I need to have this second confirmation indicator to filter the false signals.
Could you please suggest one or multiple? I will be able to decide by myself.
Thanks again