On Balance Volume Flow (Expo) identifies buying and selling pressure at extreme points. On Balance Volume Flow (Expo) is primarily used to identify potential turning points and areas of congestion.
- Vwap can be enabled as an input source instead of using Volume.
- The indicator can be used standalone or as a part of your current trading strategy.
HOW TO USE
1. Use the indicator to identify potential turning points and areas of congestion.
2. Use the indicator to get a feel of how price movements and volume are related.
INDICATOR IN ACTION
- Works on any market
Subscribe to our membership
Access the On Balance Volume Flow Indicator on TradingView
“Boost” the script and add it to your Favorites! Please leave a comment if you like it!