On Balance Volume Indicator:
On balance volume , momentum ka technical indicator hai,jo keh volume ki changes ko use kar ka prices ki predictions karta hai.
Background:
On Volume Balance aik momentum indicator hai ,jis ko Joe Granville ny apni book ma stock market forex market sa profit lenay ka leay aik new key ka tor per 1953 main introduce krwaya tha.
Usage:
OBV usage method:
Forex trading market aik liquid market hai aor isi wajah sy is py jub lot size jis side py zeyada ho market waisy he movement krti hai mean to say agr market ma sell pressure ho ga to market sell ho jay gi aisy he agr buying pressure ho ga to market buy h o jay gi.
OBV market ma kisi bhi currency ya security py haumen volume ka btatahai ky us py kitnay volume ki trading ho rahi hai.
Ab agr OBV ki bat kren to is ky pechy jo concept hai wo yeh hai ky jub market ma price up move krti hai to yeh zeyada volume ko attract krti hai isma apko yeh dekhna hota hai ky volume previous day ky mukably ma up hai ya down hai uski value kia hai.
Jub price up jati hai vollume bhi up jata hai jub pricedown jati hai volume bhi down jata hai. lkn jud divergance hoti hai to volume wahan tk nhi jata jahan tk pehli move py gia tha is sy hamen andaza ho jata hai ky market ma selling ya buying pressure jo tha wo ap weak ho chuka hai aor short term trend change hony wala hai.
Formula:
OBV = Previous OBV – Current Day's Volume
OBV (C) = OBV (C-1) + Volume(C)
Calculating OBV:
Agar ajki closing price , higher hai yesterday closing price sa, to
Current OBV = Previous OBV + today's volume.
Agar ajki closing price , lower hai yesterday ki closing price sa, tou:
Current OBV = Previous OBV - today's volume.
On balance volume , momentum ka technical indicator hai,jo keh volume ki changes ko use kar ka prices ki predictions karta hai.
Background:
On Volume Balance aik momentum indicator hai ,jis ko Joe Granville ny apni book ma stock market forex market sa profit lenay ka leay aik new key ka tor per 1953 main introduce krwaya tha.
Usage:
- OBV volume aur price ko use kar kay buying pressure aur selling pressure ko measure karta hai.
- OBV ka according buying pressure tab evident hota hai, jab positive volume negative volume ko exceed karta hai aur OBV line rise up hoti hai.
- OBV ka according selling pressure tab evident hota hai ,jab negative volume, positive volume ko exceed karta hai aur OBV line fall down hoti hai.
- Yeh On balance volume market ma positive aor negitive volume flow ko measure krta hai.
- Hamen related volume ma changes ka btata hai.
- Volume ko dekhta huay investors ko help out karta hai, yeh detetrmine karnay ka liay keh kahan per price action head hoga.
- Is indicator ko is idea py bnaya gia hai ky volume ky mutbiq price precede krti hai.
- Yeh sum total of volume ko measure krta hai chahy currency in flow kr rahi ho ya out flow kr rahi ho.
- OBV clear signals generate karta hai jo keh investors ko trade per look at ka liay help krtay hain.
- Jab price bars bullish ya bearish outcome ko predict ka liay pattern carve out kartay hain to volume crowd sentiment show karta hai.
OBV usage method:
Forex trading market aik liquid market hai aor isi wajah sy is py jub lot size jis side py zeyada ho market waisy he movement krti hai mean to say agr market ma sell pressure ho ga to market sell ho jay gi aisy he agr buying pressure ho ga to market buy h o jay gi.
OBV market ma kisi bhi currency ya security py haumen volume ka btatahai ky us py kitnay volume ki trading ho rahi hai.
Ab agr OBV ki bat kren to is ky pechy jo concept hai wo yeh hai ky jub market ma price up move krti hai to yeh zeyada volume ko attract krti hai isma apko yeh dekhna hota hai ky volume previous day ky mukably ma up hai ya down hai uski value kia hai.
Jub price up jati hai vollume bhi up jata hai jub pricedown jati hai volume bhi down jata hai. lkn jud divergance hoti hai to volume wahan tk nhi jata jahan tk pehli move py gia tha is sy hamen andaza ho jata hai ky market ma selling ya buying pressure jo tha wo ap weak ho chuka hai aor short term trend change hony wala hai.
Formula:
OBV = Previous OBV – Current Day's Volume
OBV (C) = OBV (C-1) + Volume(C)
Calculating OBV:
Agar ajki closing price , higher hai yesterday closing price sa, to
Current OBV = Previous OBV + today's volume.
Agar ajki closing price , lower hai yesterday ki closing price sa, tou:
Current OBV = Previous OBV - today's volume.