Using Oscillators With On-Balance Volume by Carl F.Ehrlich
ARTICLE SYNOPSIS ...Using Oscillators With On-Balance Volume by Carl F.Ehrlich
On-balance volume, which was developed by technician Joe Granville in the 1960s, was the first technical study to project market price movement using volume. In the following decades, other technicians have attempted to improve on Granville's work. Here's a review of these different studies in accumulation and distribution, and a methodology to utilize them in a trading program.
When Joseph Granville originally published A Strategy Of Daily Stock Market Timing For Maximum Profit in 1960, the work initially met with derision from the ...