Place On Balance Volume Indicator on Stock Chart on MetaTrader 5

The OBV stocks volume technical 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 MT5 stocks chart on the MT5 Stocks Platform - MT5 stock platform.

How to Place OBV MT5 Stock Trading Indicator on MT5 Stock Charts

Step 1: Open The Platform Navigator Window

Open Navigator window as shown below - Go to " View " menu (then click it) and then choose " Navigator " window (click), or From Standard Toolbar click "Navigator" button or press keyboard short cut keys "Ctrl+N"

On MT5 Navigator window panel, choose "Technical Indicators" , (DoubleClick)

Step 2: Expand the MetaTrader 5 Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or doubleclick "indicators" menu, after this the MT5 button will appear as (-) and will now display a list as shown below.

From Above panel you can then add any MetaTrader 5 indicator that you want on MT5 stock chart. The OBV stocks volume technical indicator can be used as a stocks reversal indicator, stocks exit indicator or stocks entry indicator.

Placing On Balance Volume Indicator on Stocks Trading Chart

Step 1: Select the On Balance Volume button on the MetaTrader 5 list of indicators shown below:

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

Edit OBV Stock Technical Indicator Settings

To Adjust the Settings, right click on the On Balance Volume Technical Indicator, select property setting and then edit the properties of the indicator using the pop up menu that appears & then click ok button once you've changed the settings.

The following pop up window appears & On Balance Volume Technical Indicator settings can be edited from this pop up window.