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Variance of OBV

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IDEA is to easily spot the length of a calm periods based on OBV.
Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely)

METHOD: variance of OBV

ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.)
Period shall be adjusted to the market.

PERSONAL: I also use it to evaluate how long an uptrend/downtrend is "normal" and when it is a "changer".
Also to see if a market is too flat. (No changes in flat periods is also not a good sign for me)
Also to evaluate magnitude of bursts.
Have fun, use stops, avoid FOMO and comments welcome!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.