DislikedI believe this is a volume based indicator so its kinda reliable, but we have to use our own discretion into all of our analysis. lets create a rule based system for a start. this is how my screen looks. {image} Candles are blue on 4H so it tells me that directional bias is to the long side. and the obv indicator also showing green, just tells me that its still on bulls territory. Now that i have a bias or direction, i will look into 15M winows to find a better entry for a tight SL. and as we see, candle is still yellow, tellin me that it's still...Ignored
Thats something usefull maybe.
Id work on that some more maybe.
My signature is: "Classified".