OBV
because of my busy schedule, I can not track volume as well as I would like, so I use OBV as my volume tracker I use it to tell me which direction volume is heading without watching live volume...
When watched closely OBV can also tell me when institutions are moving into a stock: when OBV goes up sharper than the price or without moving the price large institutions are establishing a position and price will soon follow. A recent example of one of using OBV in one of my plays was $Valero Energy(VLO.US$
this was the stock set up:
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Cat army : What is obv
iamiam OP Cat army : it's an indicator I use to track volume, because I need to do it quickly, but sometimes looking at charts I find divergences like this one that was in VLO
Cat army iamiam OP : Wow u r so knowledgeable in this.