obv
On-Balance Volume (OBV) is a momentum indicator that uses volume flow to predict changes in price. It adds volume on up days and subtracts volume on down days, helping identify whether volume is flowing into or out of a security. Divergences between OBV and price can signal potential trend reversals.
obv (tick)
On-Balance Volume (OBV) is a momentum indicator that uses volume flow to predict changes in price. It adds volume on up days and subtracts volume on down days, helping identify whether volume is flowing into or out of a security. Divergences between OBV and price can signal potential trend reversals.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 14 | The number of minutes to calculate the OBV |
SQL example
TICK obv WITH minutes=14 > 1000000 THEN order SET size=100, price=51.00, transmit=truemfi
Money Flow Index (MFI) is a momentum oscillator that incorporates both price and volume data to measure buying and selling pressure. It ranges from 0 to 100, with values above 80 indicating overbought conditions and below 20 indicating oversold conditions.
psar
Parabolic Stop and Reverse (PSAR) is a trend-following indicator that identifies potential reversals in price direction. It appears as dots above or below the price, with dots below price indicating an uptrend and dots above price indicating a downtrend. It also serves as a trailing stop-loss.