WTD OBV

QUIKTDR1

New Member
I am toying with a weighted OBV which I used in Worden's TC 2000. Here is the code I was using and want to convert to TOS

4.5 * OBV + 3.5 * OBV1.1 + 2.5 * OBV1.2 + 1.5 * OBV1.3 + .5 * OBV1.4 > .5 * OBV1.5 + 1.5 * OBV1.6 + 2.5 * OBV1.7 + 3.5 * OBV1.8 + 4.5 * OBV1.9

I want to use it as an indicator and a scanner based on the premise that volume precedes price moves.

Thank you in advance!
 
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