Use OBV mainly on DAILY TMF, it is very reliable.
do not use it on the lower TMFs which have many false signals, in fact very many!
and use it mainly with assets that have high volumes, in those with low volumes it gives false signals
that is all there is to know about OBV
hope it is useful to you
this is the reason that made me weak on btc and eth in the last few days
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Being wrong on a trade only matters if you don’t use a stop either physically or mentally.
Furthering that. You should never lose more than 2% max of your portfolio when that stop is triggered.
That’s the rule of thumb. Break that rule and you will see how hard it is to recover without revenge Trading. Which puts your entire account at risk
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