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.
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)
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.
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.
Placing On Balance Volume on Chart
Step 1: Select the On Balance Volume button on the MT4 list of indicators as shown below:
Step 2: Double click the On Balance Volume Button, and click okay to place the OBV Indicator on the chart as shown below:
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.
The following popup window appears and On Balance Volume Indicator settings can be edited from this popup window.