The available version of OBV treats every up bar volume as buying/positive, what I was looking for is if we have a down bar following any up bar the volume on that up bar should be treated as negative.
up bar followed by an up bar = volume is positive
up bar followed by a down bar = volume is negative
down bar followed by a down bar = volume is negative
down bar followed by an up bar = volume is positive
is this possible???
Thanks
up bar followed by an up bar = volume is positive
up bar followed by a down bar = volume is negative
down bar followed by a down bar = volume is negative
down bar followed by an up bar = volume is positive
is this possible???
Thanks
The loss was not bad luck. It was bad Analysis - D.Einhorn
