What is the RVOL Indicator? It is well established that volume (including tick volume) is a valuable indicator of trader commitment to a price movement. The challenge with using volume for intraday trading is that there is a general cycle of increasing and decreasing volume associated with the different regional trading sessions. The Relative Volume, (more…)
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?