What are the advantages of the WAD indicator over the OBV indicator?

　　What are the WAD indicators and OBV indicators respectively? WAD indicator also known as William long and short strength line, it is a trend type of technical indicators, WAD indicators in use will have two auxiliary lines, if the market fluctuations, the two lines will give different reactions, we can place orders according to its response. In addition, the WAD indicator is a long-term indicator, so it is best used in long-term trading.

　　The OBV index is also called the energy tide index, which is to speculate the market trend through the trend of statistical volume changes. The trend of the OBV indicator can partially show the direction of the movement of the main funds in the market, showing whether the unusual excess volume of the current period is hovering at a low price or at a high price, which can enable investors to take a step ahead of the in-depth understanding of the internal reasons of the market.

　　What are the advantages of the WAD indicator over the OBV indicator? The WAD (William long short strength line) indicator uses the same principle as the OBV (energy tide) indicator, but the WAD indicator is more meaningful than the OBV indicator, it can point out in advance the current market break of the variety, so it can add convenience for investors to find trading points.

　　The above is a small series of foreign exchange WAD and OBV indicators of some understanding, I hope to help you. The above information is for reference only.