Trading with OBV - for Beginners only !!

[wisp]

Bank India pausing for greed level 1 now

Bank India shd exit all below 140

 

[vijkris]

Hi Vijay,

Thanks for the reply and pointing me to that post. :thumb::thumb:

Actually, i was looking to create a sound alarm when green turns to orange in band1 and blue turns to red in band 2 at the same time(from the code you posted). Currently, there is alarm when code turns from red to blue or blue to red only. Market moves very fast in 1 min especially and this sound alarm will be very handy.

Would really appreciate if you could help me out in this regard.

Thanks so much

Yes, it is possible.. Will take up afl tasks in weekends only..
BTW, when both ribbons change color at the same time then it gives a high probability trade setup. code was created and cepetrader was supposed to give backtest result... He is missing now. .

 

[deepsat]

Yes, it is possible.. Will take up afl tasks in weekends only..
BTW, when both ribbons change color at the same time then it gives a high probability trade setup. code was created and cepetrader was supposed to give backtest result... He is missing now. .

Thanks Vijay. Will look forward to your post :thumb::thumb:

 

[Tukaram]

OBV Ledhu vijkris

 

[vijkris]

OBV Ledhu vijkris

Nope, I am not Marathi for sure..
Which software u r using ? Which broker ?

 

[Tukaram]

Kripa Securities is broker
chart in terminals

 

[monkeybusiness]

Vijaybhai,

what are the reasons for drop in winners from 39% in feb to 10% in march?

 

[timepass]

Unionbank futures : Bullish crossover happened on OBV but not yet on price. In the spot, there was OBV crossover right from the morning (but not yet on price). So what does one do ? If a bullish move happens, it is likely to happen with a jerk up. Is it a cautious buy, or wait till the crossover happens on the price too ?

 

[SevenD]

Unionbank futures : Bullish crossover happened on OBV but not yet on price. In the spot, there was OBV crossover right from the morning (but not yet on price). So what does one do ? If a bullish move happens, it is likely to happen with a jerk up. Is it a cautious buy, or wait till the crossover happens on the price too ?

According to Varunji if obv shows strength, wait for confirmation in price too, and then enter trade, if SL meets your MM. OBV is a precursor to price.

 

[aja]

OBV Ledhu vijkris

OBV Ledhu kya hai?