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Technical Studies Reference


On Balance Open Interest

Calculates and displays On Balance Open Interest. Formula: If current close is greater than prior close, then current on balance open interest will be equal to prior on balance open interest plus the current open interest. If current close is less than prior close, then current on balance open interest is equal to prior on balance open interest minus the current open interest. Otherwise, current on balance open interest will equal the prior on balance open interest.

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*Last modified Friday, 21st April, 2017.