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Re: Oddlot post# 49132

Wednesday, 11/15/2017 5:40:13 PM

Wednesday, November 15, 2017 5:40:13 PM

Post# of 51767
That is fascinating. My one site to which I'm subscribed had a tutorial on money flow today. The teacher, a very bright guy, said that no one likes OBV any more because it's an all or nothing indicator, i.e., when the price is positive on the close of the period with OBV, that it's counted as a positive influx of money whether or not there was selling during that period.

He said that money flow is better because it gives you the subtleties.

What do you think of that? Just curious.

Best regards.

Edit: I just checked, and on the five minute as price goes up, while accum/dist is flat, there is indeed a very smooth, graduated, downslope on obv.


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