Momentum Indicators There are many market indicators divided into 6 categories (trend, momentum, volatility, market strength, support/resistance and cycle) . That being said some are very technical, some are infrequently used and some are more effective than others. Momentum Indicators At its most ...
Market Strength Indicators 1. On Balance Volume (OBV) – focuses on the importance of volume and how it can affect a given price and the pair’s momentum, the premise being that volume precedes price movements. It works this way: a) If volume is decreasing when the price of a pair is rising then it i...