OBV Trend Confirmation
Joseph Granville's idea that volume precedes price, turned into rules. A long opens when price closes above its N-bar high (a breakout) AND On-Balance Volume is also at a new N-bar high — volume confirms the move. Shorts need a price breakdown confirmed by an OBV breakdown. The trade exits when OBV drops back below its moving average (the volume support is gone) or on an ATR trailing stop.
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How to use it
1h BTC / ETH / SOL perpetuals. Position size is a % of equity (Properties). Commission 0.06% per side. Back-test BTCUSDT 1h (Bybit, 0.06% fee/side, funding not included): 2023–2025 +3% (PF 1.01, max DD 41%, 97 trades); unseen 2025–2026 +28% (PF 1.47, 37 trades). Past results don't predict future ones. Concept: Joseph Granville, "Granville's New Key to Stock Market Profits" (1963) — On-Balance Volume confirmation.
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Back-tests and forward tests are simulations; past results do not predict future ones. Nothing here is financial advice. Trading carries a high risk of loss.