How to normalize OBV

[JSINGH]

I am looking to get a range like we get for RSI (0 -100 ) or WPR and deMarker for OBV, I think OBV extremes offer excellent entry/exit signals .

Thanks in advance

[Brian Dee - Random Trader]

JS

IMHO, you wont get one from OBV unless you take the Stochastic or RSI of the OBV itself

The values of OBV vary hugely between pairs and timeframes

I would use the relative change on OBV as revealed by this free indicator from here SFX_MA_On_OBV

Good Luck

-BB-