Up/Down Volume and OBC (Raymond A. Rondeau)

VES Class Instructions and Resources   

If this is your first VES Class please review the content on this page as it contains essential information that you will need to know to navigate the VES Class to completion. Referenced videos and documents can be retrieved from repository at the bottom of this page. If you have previously completed another VES Class, then please proceed to the "Snapshot" section (tab) to continue with the class.

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Quick Start Guide - 6 Things You Need to Know to Complete This VES Class

  • This VES Class references specific AAII Active Investing tools. To utilize these tools you will need to download the tools to an investment platform like TradeStation or MetaStock that supports them. To learn more about how to access these tools and the platforms that support them go to www.aaii.com/aitools. 
  •  VES Class documents will appear in a separate window or be downloaded as a PDF to your download folder. Downloaded documents must be retrieved from your device’s download folder. This location will vary according to the type of device and/or browser that you are using.
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  • Each VES class should be completed like reading a book. Start with the upper-left section on the page and go from the top component to the bottom component in that section. After completing that section proceeding to the next section to its immediate right.
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  • Components in the "Primary Presentation" section contain the video, test, benefits, credits and certificate. These components should be completed sequentially from the top to the bottom, as lower level components will only be unlocked after completion of the components above it. For instance, you must view at least 90% of a presentation video before you can open the class test.    
  • All the areas in a VES Class, including the presentation videos will retain your progress. You do not have to finish an area or class in one session. 
  • Presentation videos are provided in an interactive (SCORM) format for more effective learning. Because the videos are interactive, you may have to bypass a popup blocker message before the video will start.    
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Highly Recommended Resources to Review before your FIRST Class (located below):  

  • How to Navigate a VES Class - detailed instructions to effectively navigate and complete a VES Class (video or document). 
  • Completing a VES Class FAQs - answers to the most frequently asked questions for completing a VES Class. 
  • Understanding the Interactive Video Controller - instructions for starting and controlling advanced features of a video (video or document).

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Class Section Descriptions: 

Snapshot:   An overview of the class topic, focus, requirements, and components. 

Instructor:  A biography and the contact information on the class instructor. 

Materials:   Education materials to be reviewed prior to, or with, the presentation video, to aid comprehension.

Primary Present:  VES Class primary components, including the video, test, benefits, credits and Certificate of Completion.

Resources:  Additional learning resources include books, articles, forms, spreadsheets, AI Tools, and related services.

Survey:  Area for class participants to rate the instructor and the content of the class.

Discussion:  Open forum area to post comments, ask questions, or interact with other participants on the class content.

"?":   Resources and contact information to obtain assistance for VES offerings, AAII membership and AI Tools..

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Additional Resources (attached below): .

  • VES Class Welcome Video - welcome video that includes a broad overview of AAII's Video Education Series. 
  • VES Agreement & Disclaimer - primary resource listing the terms and details for all AAII VES offerings.  
  • VES General FAQs - answers to the most frequently asked VES Class questions.
  • VES Class Features & Highlights - overview of all the features that are included with a VES Class.
  • VES Class Video Icon Assistance Designations - quick reference for identifying the icons in the class videos. 
  • Discussion Forum Rules and Guidelines - rules and regulations for contributors to the discussion forum.
  • Active Investing Workstation and AI Tools Overview - reference for AI Tool-based VES Classes only. 
 To continue with this VES Class, please proceed to the next section (tab) labeled "Snapshot". >>>

For technical issues, questions or concerns with this course please, contact the course administrator at ves@aaii.com  


Synopsis

In this VES Class, Optimized Balance Conviction (OBC) developer Raymond Rondeau shows how to use AAII's OBC indicator effectively.  OBC is an intensity-based indicator that measures up vs down dollar volume and is plotted as a single line on a chart. OBC is a technical-based tool that is used to assist investors with determining if a trend is likely to continue or reverse.  Topics covered in the class include basic volume theory, the advantages of OBC versus earlier first-generation volume tools like On-Balance Volume (OBV) and accumulation/distribution, how OBC is calculated, how to plot it, how to interpret OBC statistics and its written assessments, and what primary signals to look for.

 Access to the OBC indicator is recommended for this class. Class participants will receive an instruction guide on OBC and directions on how to obtain access to the complimentary and professional versions of this indicator. For more information, please visit www.aaii.com/aitools or contact AAII at aitools@aaii.com.

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Class Details

Organization:  American Association of Individual Investors
Instructor:  Raymond A. Rondeau ................................................
Title:  Up/Down Volume and OBC
Duration: 18 Minutes 
Classification: AI Tool Education
Credits:  1 Credit
Words of Wisdom: Yes
Segment Incentive Bonus:  Free Trial of the OBC Indicator*
Bonus Video:  N/A 
Course Inclusion:   
Individual VES Class Only


Class Focus

Topic:  ......................... OBC — Volume Indicator Tool    a.................a 
Knowledge Level:  Intermediate - Advanced
Appropriate: Chart Users 


Class Criteria

Credits Accrued:  Passing Test Score (>= 67%)  ............
Words of Wisdom:Viewing Requirement (>= 85%)
SIB Benefit: Passing Test Score (>= 67%) 

 

Pre-Class | Post-Class Recommendations 

Pre-Class Suggestions: .............................................................................Understanding Conviction and RCM  ............................................. 
Class Associated Tools:Optimized Balance Conviction 
Continuing Education Classes:An Introduction to Technical Indicators  
Associated AAII Offerings:AAII Active Investing Tools  __

 

Additional Elements Included

  • OBC Indicator Access (free trial/platform dependent)*
  • OBC Instructional Guide
  • Class Discussion Forum
  • Class Survey
  • Key Terms & Definitions
  • Learning Objectives
  • Lesson Summary
  • Preliminary Education Materials
  • Presentation Slides (PDF)
  • Resources Articles & Studies
  • Speaker Bio/Contact Information
  • Testing for Class Credits
  • *Access is available on numerous investing platforms 

Raymond A. Rondeau

AAII Investment Strategist and Senior Technical Analyst

American Association of Individual Investors

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Raymond A. Rondeau is an investment strategist and senior technical analyst at AAII, and product manager of AAII’s Active Investing. He is the host and creator of AAII’s Essential Investing Course and the author of the AAII Computerized Investing “Classic Technical Indicators” series.

Since 1998, Rondeau has given more than 180 educational and instructional lectures at various academic, retail and professional investor events across the country on various trading and investment strategies. Rondeau’s writing has been published at Systems & Forecast, Yahoo Finance, Forbes newsletters, Kiplinger magazine, Nasdaq.com and ETF.com, where he wrote a weekly investment column called Rondeau’s Roundup. Additionally, he covered many of these topics on his internet radio investment show, Market Mavens, on the UR Business Network.

Rondeau is a TradeStation EasyLanguage and MetaStock developer and programmer of numerous indicators, including Rondeau’s Reversion, PROVE, Kinetic Conviction and Optimized Balance Conviction (OBC). Rondeau is a member of the NAAIM and CMT Association.


AAII Author Page

AAII Webpage

SpeakerHub

LINKEDIN

Email


Key:

Complete
Failed
Available
Locked
** Up/Dn Volume and OBC (presentation video)
Begin self-paced component package.
Begin self-paced component package. This presentation video is the primary component of this VES Class. This video has a 90% mandatory viewing percentage before a participant can take the class test, accrue the credits and attain the class benefits.
You must register to access.
Class Test (for credits)
12 Questions  |  Unlimited attempts  |  8/12 points to pass  |  Graded as Pass/Fail
12 Questions  |  Unlimited attempts  |  8/12 points to pass  |  Graded as Pass/Fail The passing of this test is required to access the Segment Incentive Bonus (SIB) to accrue the credits and obtain the class benefits.
You must register to access.
Words of Wisdom (benefit)
Open to download resource.
Open to download resource. In this bonus section titled Words of Wisdom, each presenter shares with the course participants their most important investing insights. This section has a 90% prerequisite viewing percentage of the segment's primary video presentation.
You must register to access.
Segment Incentive Bonus (benefit)
Open to download resource.
Open to download resource. The Segment Incentive Bonus contains special offers and discounts for participants who have completed this VES Class. This benefit requires a passing test grade and a 90% viewing percentage of the classes primary presentation video.
You must register to access.
Credit Accrual & Continuation (reference)
1.00 VES Class and AI Tool Credit credit  |  Certificate available
1.00 VES Class and AI Tool Credit credit  |  Certificate available This documents that you have met all of the prerequisites for this VES Class and that your credits have been applied. No further action is required and you may proceed to the next component of this class.
You must register to access.
Running OBC in MetaStock
Open to view video.
Open to view video.
You must register to access.

Getting Help

VES Class Information and Resources

For detailed information and a comprehensive listing of resources including technical issues, navigation, class structure, testing, credit accruals, agreements and certification, please go to: www.aaii.com/learn

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VES Class or EI Course Services

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VES Agreement & Disclaimer

For complete details, terms, rights, and limitations with any VES Class, VES Package or AAII's EI Course please access the "VES Agreement and Disclaimer" document at: www.aaii.com/learn

AAII Membership

For AAII membership or other AAII-related inquiries, please contact AAII’s Member Services department at: members@aaii.com

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AAII’s Active Investing (AI) Tool Questions

For AI Tool analysis or application related questions, that are part of or referenced in this VES Class, please contact the AI Tools coordinator at: www.aaii.com/aitools 

Active Investing (AI) Tool Listings and Access

For purchases or a complete listing of all the AI Tools and their respective features, including platform availability, please go to: www.aaii.com/aitools.

Active Investing (AI) Tool Platform Support

 Platform related questions or inquiries, including installation, tool management or technical support questions, should be directed to the third-party provider that your AI Tools are being run from..

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This VES Class was created and produced by the American Association of Individual Investors

© American Association of Individual Investors, 625 N. Michigan Ave., Chicago, IL 60611; (312) 676-4307; www.aaii.com.