Obv Volume Indicator
Definition
Obv Volume Indicator is a technical indicator used to measure volatility.
Calculation
Formula: (close - low) / (high - low). Computed on each candle close.
Signal Interpretation
Common signals: divergence with price = reversal.
FreqTrade Implementation
Add to populate_indicators() method using ta.OBV(dataframe) from talib wrapper.
Note: This documentation reflects testing on Ubuntu 22.04 with Python 3.10. Adjust paths and commands for your environment.
Further Reading
- FreqTrade official documentation:
freqtrade.io/en/stable - CCXT exchange library:
github.com/ccxt/ccxt - TA-Lib indicators:
ta-lib.org