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

This tutorial will explain how to place the On Balance Volume indicator on a Forex Chart on the MetaTrader 4 platform.

Place On Balance Volume Indicator on Forex Chart on Metatrader 4 Platform


How To Place Indicators on MetaTrader 4 Charts

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 To Place On Balance Volume Indicator on Metatrader 4 Forex Charts


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 on Metatrader 4 List of Forex Indicators

From the Above window you can then place any indicator that you want on the forex chart.


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 Metatrader 4 Platform


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

How to Trade With On Balance Volume Indicator on Metatrader 4 Platform


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 to Edit On Balance Volume Indicator Properties on 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 Settings

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