In case the closing price of the current chosen timeframe is higher than the closing price of previous chosen timeframe, then the volume of the current chosen timeframe is added to previous chosen
timeframe OBV and is seen as up volume.
In case the closing price of the current chosen timeframe is equal to the previous chosen timeframe close then the current chosen
timeframe OBV is equal to previous chosen
timeframe OBV
Not exact matches
In case the closing price of the current chosen
timeframe is lower than the previous
timeframe, then: Current
OBV = previous
OBV — volume of the current chosen
timeframe
In case the closing price of the current chosen
timeframe is less than previous chosen
timeframe close, then the current chosen
timeframe volume is substracted from previous chosen
timeframe's
OBV and it is considered down volume.