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Place On Balance Volume Indicator on Forex Chart on MetaTrader 4 - Forex Volume Indicator

The OBV forex volume indicator can be used as a forex reversal indicator, forex exit indicator or forex entry indicator. This OBV forex indicator tutorial will explain how to place the On Balance Volume indicator on a Forex Chart on the MetaTrader 4 Forex Trading Platform - MT4 platform.

Place On Balance Volume Indicator on Forex Chart on MT4 - How to Place On Balance Volume Indicator on Chart on MetaTrader 4

How to Place OBV Indicator on MetaTrader 4 Charts - Best Volume Indicators for Day Trading

Step 1: Open The 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)

How Do I Place On Balance Volume Indicator on MT4 Forex Charts? - OBV Technical Indicator MT4

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.

On Balance Volume Indicator in MT4 List of Indicators - Volume Indicators - Place On Balance Volume Indicator on Chart on MT4 - OBV Forex Indicator MetaTrader 4

From the Above window you can then place any indicator that you want on the forex chart. The OBV forex volume indicator can be used as a forex reversal indicator, forex exit indicator or forex entry indicator.

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Placing On Balance Volume on Chart

Step 1: Select the On Balance Volume button on the MetaTrader 4 list of indicators as shown below:

Placing On Balance Volume on Forex Charts in MT4 - How Do You Place On Balance Volume Indicator on Chart on MetaTrader 4?

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

How Do I Trade with On Balance Volume Indicator on MT4? - Place On Balance Volume Indicator on Chart on MetaTrader 4 - OBV Forex Technical Indicator MT4

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 Do I Edit On Balance Volume Indicator Properties on MT4? - Place On Balance Volume Trading Technical Indicator on Chart in MetaTrader 4

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 Setting - OBV Technical Indicator MetaTrader 4 - MetaTrader 4 OBV Technical Indicator

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