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OBVDI

Article/Author: “Enhancing On-Balance Volume and Negative Volume” Philip C. Holt, Stocks&Commodities Magazine, Traders Tips, 06/1996

Download: obvdi.ela

File Includes:
Signal - OBVDI
Function - OBVDI

Category: Strategy > OBVDI

Description:

Inputs:

Signal OBVDI ELA Code:
INPUT: BUYLEVEL(.85),SELLEVEL(.95);

IF AVERAGE(OBVDI(33),4) CROSSES OVER BUYLEVEL THEN BUY ON CLOSE;
IF AVERAGE(OBVDI(33),4) CROSSES BELOW SELLEVEL THEN SELL ON CLOSE;