Place On Balance Volume Indicator on Stock Chart on MetaTrader 4
The OBV stocks volume indicator can be used as a stocks reversal indicator, stocks exit indicator or stocks entry indicator. This OBV stocks indicator tutorial will explain how to place the On Balance Volume indicator on a Stock Chart on the MT4 Stocks Platform - MT4 stock platform.
How to Place OBV Indicator on MetaTrader 4 Stock Charts
Step 1: Open The Stock Platform Navigator Window
Open the Navigator window as shown below; Go to " View " menu (click), then select the " Navigator " window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On the Navigator window, select "Indicators" , (Double Click)
Step 2: Expand the Stocks Trading 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 technical indicator that you want on the stock chart. The OBV stocks volume indicator can be used as a stocks reversal indicator, stocks exit indicator or stocks entry indicator.
Placing On Balance Volume Trading Indicator on Stock Trading Chart
Step 1: Select the On Balance Volume button on the MetaTrader 4 list of indicators 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 Stocks Technical Indicator 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.