Place On Balance Volume Indicator in Chart in MT4 Software

The OBV cfd volume indicator can be used as a cfd reversal indicator, cfd exit indicator or cfd entry indicator. This OBV indicator guide will explain how to add the OBV indicator on a Chart on the MetaTrader 4 CFD Platform - MT4 cfds trading software.

Best Volume CFD Technical Indicators for Day CFDs Trading

Step 1: Open The Software Navigator Window

Open Navigator panel as illustrated and shown below - Navigate to " View " menu (then click) and then choose " Navigator " window (click), or From Standard ToolBar click "Navigator" button key or press shortcut key-board keys "Ctrl+N"

On Navigator window panel, choose 'Indicators', (DoubleClick)

Step 2: Expand the CFDs Trading Indicators Menu on Navigator Window Panel

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

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

Placing On Balance Volume Indicator on Chart

Step 1: Select the On Balance Volume button on the MT4 list of technical indicators as pictured below:

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

Edit OBV Indicator Settings

To Change the Settings, right click in On Balance Volume Indicator, select properties settings & then edit properties of the indicator using the pop up menu that appears & then click ok button key after you change settings.

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