OVR - a new indicator by Fred Purifoy
ARTICLE SYNOPSIS...OVR - a new indicator
by Fred Purifoy
On-balance volume (OBV) has two generally recognized goals: to serve as a filter for trending and
non-trending markets, and to anticipate reversals by divergence from the price trend. (OBV, recall, is the
cumulative
AUTHOR: Fred PurifoyDATE: APR 1988