OBV Slope (10-bar, normalized)Volume

Timeframe M1 · unit norm

What it measures

On-Balance Volume accumulates volume on up-bars and subtracts it on down-bars. The 10-bar slope of that cumulative series, divided by total session volume, measures how fast net participation is rising or falling right now.

How Janira reads it (bullish vs bearish)

Positive values signal that more volume is flowing into up-bars than down-bars over the last ten candles. Negative values signal the opposite. Values near zero indicate indecision or a volume-neutral drift.

In plain language

Imagine a scoreboard: every time a candle closes higher, add its trading volume; when it closes lower, subtract it. The slope tells you whether that scoreboard is rising or falling quickly - fast rising means buyers are louder, fast falling means sellers dominate.

Scenarios

OBV slope strongly positive: net buyer participation is expanding over recent bars, consistent with demand absorbing supply.
OBV slope strongly negative: sellers are accounting for most of the volume, a sign of distribution rather than accumulation.
OBV slope near zero while price is moving: price is advancing or declining on thin volume, a classic divergence warning.
OBV slope reversing from extreme negative to positive: net participation is shifting toward buyers after a period of selling pressure.

More volume indicators

Chaikin Money Flow (20-bar)Money Flow Index (14-bar, centred)Force Index (13-bar EMA, normalized)VWAP Distance (%)Accumulation/Distribution Slope (10-bar, normalized)Ease of Movement (14-bar EMA, normalized)Volume Oscillator (5 vs 20 SMA, %)Volume Price Trend Slope (10-bar, normalized)

Janira computes OBV Slope (10-bar, normalized) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.