Most price based indicators are lagging and we only get a signal after the price has moved. Can OBV predict price movement before it happens?
On-Balance Volume (OBV) Indicator PIN
Posted on by Jagz
Metatrader Technical Indicators and Expert Advisors
Most price based indicators are lagging and we only get a signal after the price has moved. Can OBV predict price movement before it happens?
This update to the sime v1.00 Ichimoku PIN provides many new strategy modes including Kumo Price Breakout, Tenken-Kijun cross, Senkou-Span A/B cross, Chikou-Span Price Cross, and Chikou-Span Senkou-Span A/B crosses. Before getting into the detail, I’d like to thank belie and nikossl for providing a) the motivation and b) the logic behind the complex rules (more…)
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This simple PIN allows you to set a time-frame and a Fibonacci level. The maximum and minimum prices are calculated from the time-frame (e.g. Weekly = previous week’s typical price and range) and the Fibonacci level. Once the price moves above the maximum, or below the minimum, a signal is generated. You can choose this (more…)
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