Pullbacks and Divergence: Stoch-OBV and MACD-OBV
Stoch-OBV is an oscillator that provides more consistent overbought and oversold signals and can be applied to any MIDAS curve. The oscillator usually hits overbought/oversold levels when price is challenging a MIDAS curve during a pullback. This indicator can also be used for divergences.
MACD-OBV provides powerful divergence signals, with much higher reliability that OBV alone. It can be used to determine whether MIDAS curves will hold price during a pullback (whether price will bounce from the MIDAS curve or slice through it to form a new counter-trend).
These indicators are being made available for free. You can download them here: Please contact us if you'd like to learn more about these indicators or try our other tools, including point-and-click MIDAS curves, TopFinder, and more.