How to Place On Balance Volume Indicator on Stock Indices Chart on MT5

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

How to Place OBV MT5 Indicator on MT5 Stock Indices Charts

Step 1: Open The Platform Navigator Window

Open Navigator panel as illustrated and shown below: Navigate to 'View' menu (click it) and then choose 'Navigator' window panel (click), or From Standard Toolbar click on 'Navigator' button or press short-cut key-board keys 'Ctrl+N'

On MT5 Navigator panel, select "Technical Indicators", (Double-Click)

Step 2: Expand MT5 Indicators Menu on the Navigator

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

From the Above panel you can then add any MT5 indicator you want in MT5 stock indices chart. The OBV indices volume technical indicator can be used as a indices trading reversal indicator, indices trading exit indicator or indices entry indicator.

Placing On Balance Volume Stock Indicator on Indices Trading Chart

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

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

Edit OBV Stock Indices Technical Indicator Settings

To Adjust Settings, right click on On Balance Volume Indicator, select properties settings and then edit the properties of the indicator using the pop-up menu that appears and click ok button key once you change setting.

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