Place On Balance Volume Indicator on Commodities Chart on MT5

The OBV commodity trading volume technical indicator can be used as a commodity trading reversal indicator, commodity trading exit indicator or commodity entry indicator. This OBV commodity indicator tutorial will explain how to place the On Balance Volume indicator on a Commodity MT5 commodity chart on the MT5 Commodity Trading Platform - MT5 software.

No Nonsense Commodity On Balance Volume Commodity Technical Indicator

Best Volume Commodities Indicators for Day Commodity Trading

Step 1: Open The Platform Navigator Panel

Open Navigator window as illustrated & shown below: Go to ' View ' menu (click it) & then choose ' Navigator ' window (click), or From the Standard Tool Bar click on 'Navigator' button key or press short cut keyboard keys 'Ctrl+N'

On MetaTrader 5 Navigator window, select 'Technical Indicators' , (Double Click)

How to Add Commodity On Balance Volume Indicator in Trading Chart

Step 2: Expand MT5 Indicators Menu on Navigator Window Panel

Expand menu by clicking on the expand button key marker (+) or double-click the 'indicators' menu, after this the MT5 button key will appear as (-) and will now show & display a list as illustrated and shown below.

Best Volume Commodities Indicator for Day Trading

From Above panel you can then add any MetaTrader 5 indicator that you want in MetaTrader 5 commodities chart. The OBV commodity trading volume technical indicator can be used as a commodity trading reversal indicator, commodity trading exit indicator or commodity entry indicator.

Placing On Balance Volume Trading Indicator on Commodities Trading Chart

Step 1: Select the On Balance Volume button on the MT5 list of technical indicators as shown below:

Placing On Balance Volume on Commodities Charts in MT5 - How Do I Analyze On Balance Volume Indicator?

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

On Balance Volume Commodity Indicator Technical Analysis in Commodity Trading Described

Edit OBV Commodities Technical Indicator Setting

To Adjust the Settings, right click on the On Balance Volume Technical Indicator, choose properties setting and then edit properties of technical indicator using popup menu that appears and click ok button key once you've changed the setting.

Best Volume Indicator for Day Trading Commodities

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

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