Overview
The On Balance Volume indicator shows a relationship of price and volume as a momentum index.
Interpretation
On Balance Volume index generally precedes actual price movements. The premise is that well-informed investors are buying when the index rises and uninformed investors are buying when the index falls.
Class: Index
| Function | OnBalanceVolume(Database, Field Source, Field Volume, string Alias) |
| Return Type | Recordset |
| Default Field Name(s) | OnBalanceVolume |
See Also
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