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Place On Balance Volume Indicator on Stock Index Trading Chart on MT4 Stock Index 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 trading indicator tutorial will explain how to place the On Balance Volume indicator on a Stock Index Trading Chart on the MT4 Stock Index Trading Platform - MetaTrader 4 stock index trading platform.

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

 

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

Step 1: Open The Navigator Window

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


 

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

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

 

Step 2: Expand the Indicators Menu on the Navigator

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

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

From the Above window you can then place any indices indicator that you want on the indices trading 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.

 

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 Stock Index Trading Charts in MT4 Stock Index Trading Platform - Best Volume Indicators for Indices 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 Stock Index Trading 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 Indices 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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