Harold your post is fine. I use OBV as a confirmation but I've changed trading systems for the extremely volatile stocks that are usually on my watch lists. I find a combination of the Volatility Breakout System with the Money Flow RSI breakout or combined with the Volume Accumulation Percent breakout to be very good in 'improving markets' especially trending markets. WIth both I use a Bollinger band crossover and the Money Flow RSI and Volume Accumulations Percent breakout as a confirmation indicator. This I would use for reversals..but when I am in already in a stock (a contination trend) and looking for a sell signal I would look more at trendline breakouts..
I use a 8 day time horizon (and just look at the 16 day one) and look for the consecutive lows in the stock I am already long in. As long as the stocks closing price continues to slope upwards its okay, but once the stocks' closing price falls through the lower band of this uptrending trendline I would sell (both KLAC,OSTE and ALTR today generated sell signals).
Unfortunately indicators whether used in combination or alone don't always give the same buy signals all the time, and not even with all stocks. I end up using different trading strategies with different stocks.. I use the aforementioned with the highly volatile nets, (PHCM, CPTH, SWCM,KOOP,WITC, EXDS) but would use a less stringent combination of Candle Belt Hold or Candle Engulfing lines (two day trading pattern) those work well for stocks for less volatile nets like AOL, YHOO, GNET, VRSN etc and other tech stocks like CREE, ETEK, GALT, PLCM etc. These I would use with a another form of Money Flow/Volume indicator like, Volume Accumulation Percent Breakout, Chaiken Money FLow with the Japanese pattern mentioned above or with a Bollinger Band crossover....
That's why I think the KIND of stock you track is more important than the indicator combinations you use. Once you see which indicators work with which stocks you have an idea of "What Works"
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