OBV and Acc/Dist. Observations to choose a partner for CMF

BITFINEX:BTCUSD   Bitcoin / Dollar
177 1 0
At first I figured it would be redundant to have Acc/Dist and CMF             , and was curious about using OBV with it for a slightly different signal. However, upon observing the behaviors of OBV vs Acc/Dist over a short timespan, I have found Acc/dist to provide slightly more pronounced signals, as well as a divergence that did not show up on the OBV. Both signal lines had one false breakout, so the results of this (quite limited) comparison show Acc/Dist as the winner. OBV offered nothing at all that would be considered better.

This limited comparison suffices for me because as a new trader it is more important for me to decide on a set of tools and learn to use them than it is for me to nitpick. I wouldn't have confidence in my decisions if I didn't familiarize myself at least a little with their differences and traits, though.
On Balance Volume (OBV) will provide a very clear visual of the price trend. Much of the usefulness of any indicator will be where you draw the lines (whether they be for breakouts, etc.) You will, of course, have to use OBV or any other indicator with other indicators, price patterns and knowledge accumulated over the long-term from watching price action as well as technical patterns observed over time.

I'm currently using OBV to analyze price direction and momentum. In addition - if the line or lines are drawn correctly - it can be used as a trigger in conjunction with the other tools in your tool bag in order to decide whether to buy or sell.

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