How To Calculate On-Balance Volume (OBV) using Scala?
How To Calculate On-Balance Volume (OBV) using Scala?
1 answer
by
kenny ,
10 months ago
@irwin
To calculate On-Balance Volume (OBV) using Scala, you can follow these steps:
- First, import the necessary libraries for working with financial data. You can use the following imports in your Scala code:
1 2 |
import scala.collection.mutable.ArrayBuffer import scala.math.BigDecimal |
- Next, define a function that takes two arrays as input - one for the closing prices and another for the trading volumes. The function will calculate the OBV values based on the changes in closing prices.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
def calculateOBV(closingPrices: Array[Double], volumes: Array[Double]): Array[Double] = {
val obvValues = ArrayBuffer[Double](0)
for (i <- 1 until closingPrices.length) {
if (closingPrices(i) > closingPrices(i - 1)) {
obvValues += obvValues(i - 1) + volumes(i)
} else if (closingPrices(i) < closingPrices(i - 1)) {
obvValues += obvValues(i - 1) - volumes(i)
} else {
obvValues += obvValues(i - 1)
}
}
obvValues.toArray
}
|
- Finally, you can use this function with your own example data to calculate the OBV values.
1 2 3 4 5 |
val closingPrices = Array(10.0, 12.0, 11.0, 14.0, 13.0)
val volumes = Array(10000.0, 12000.0, 11000.0, 14000.0, 13000.0)
val obvValues = calculateOBV(closingPrices, volumes)
println(obvValues.mkString(", "))
|
This code will output the OBV values for each day based on the given closing prices and trading volumes. You can further customize the function or add more features as needed.