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MastersOfTrading
Jul 27, 2020 11:56 PM

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

British Pound/U.S. DollarFXCM

Description

**THE INDICATOR**

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.


**THE CHART**

GBPUSD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- 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.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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