On Balance Volume (OBV), How To Use - page 2

 
scorpion:
If you're using MetaTrader, you won't need any custom OBV with MA.All you need to do is:1. Add OBV indicator to the chart.2. Add Moving Average indicator to the chart. In the 'Apply to', select Previous Indicator's Data. (See the attached screenshot)

Thank you scorpion

 

Thank you: tk748, sandyk82 and Blaiserboy.

I´ve lost a lot of time looking for it, but you saved me.

Thank you guys.

God bless your trades.

 

tank, regards. very well

 

OBV is designed to use the volume of buyers and sellers, metatrader does not provide this information. The volume in metatrader is simply the amount of ticks that have arrived therfore it is pointless to use this indicator on metatrader.

 

it worked on MT5 when you drag the MA

Reason: