MoT - [Analyst +] - On-balance Volume ATR


This is a special indicator based on On-Balance Volume with the added twist of the Volume being based on the Volume of the ATR.


GBPUSD on the 4HR Time Frame


- In the Top Panel we have the Berlin %B which is an Oscillator very similar to Bollinger Bands %B but calculated a little differently to give fewer false signals.

- Below the chart we have our OBV-ATR indicator and you can see the power of having the Moving Averages on the indicator which are very powerful at helping identifying possible reversals.


Many Thanks and Trade Safe!

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