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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (1447)1/17/1998 5:33:00 PM
From: Monty Lenard  Read Replies (1) of 12039
 
"No, OBV by itself is of doubtful value, but using a 40 day MA of OBV as a trigger give you a definitive exit and entry point for the average stock movements"

Richard, using Meta Stock I am dragging OBV indicator down into the Volume Window and dropping it. Then, I drag the MA indicator into the same window and drop it changing the properties to 40. Does this give me the 40 MA of OBV or am I doing it wrong? And, do you use a 40 EMA, 40 SMA, or other?

Thanks
TClaude
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