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Place On Balance Volume Indicator on Indices Chart on MT4 Trading Platform - Indices Volume Indicator

The OBV indices trading volume indicator can be used as a indices trading reversal indicator, indices trading exit indicator or indices trading entry indicator. This OBV indices indicator tutorial will explain how to place the On Balance Volume indicator on a Indices Chart on the MetaTrader 4 Platform - MetaTrader 4 platform.

Place On Balance Volume Indicator on Indices Chart on MT4 Trading Platform - Best Volume Indicators for Day Trading



How To Place OBV Indicator on MT4 Charts - Best Volume Indicators for Day Trading

Step 1: Open The Navigator Window

Open the Navigator window as is shown below; Go to “ View ” menu (click), then select the “ Navigator ” trading platform window (click), or From Standard Toolbar click on the “Navigator” button or press keyboard short cut keys “Ctrl+N”


On the Navigator window, select “Indicators”, (Double Click)

How To Place On Balance Volume Indicator on MT4 Stock Indices Charts - Best Volume Indicators for Day Trading



Step 2: Expand the Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or double click the “indicators” menu, after this the button will appear as (-) and will now display a list as shown below.

On Balance Volume Indicator on MT4 List of Indices Indicators - Best Volume Indicator for Day Trading

From the Above window you can then place any indicator that you want on the indices chart. The OBV indices trading volume indicator can be used as a indices trading reversal indicator, indices trading exit indicator or indices trading entry indicator.


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Placing On Balance Volume on Chart

Step 1: Select the On Balance Volume button on the MT4 list of indicators as shown below:

Placing On Balance Volume on Indices Charts in MT4 Platform - Best Volume Indicators for Day Trading


Step 2: Double click the On Balance Volume Button, and click okay to place the OBV Indicator on the chart as shown below:

How to Trade Indices With On Balance Volume Indicator on MetaTrader 4 Platform - Best Volume Indicator for Indices Day Trading



Edit OBV Settings

To Adjust Settings, right click on the On Balance Volume Indicator, select properties and then edit the properties of the Indicator using the popup menu that appears and then click ok after changing the settings.

How to Edit On Balance Volume Indicator Properties on MetaTrader 4 - Best Volume Indicator for Day Trading Indices


The following popup window appears and On Balance Volume Indicator settings can be edited from this popup window.

Edit Properties Window For Editing On Balance Volume Indicator Settings - Indices Trend Reversal Indicator

 

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