The Gadi OBV indicator is a popular and useful tool for forex traders using the MT4 platform. This free indicator helps traders identify market trends by combining On Balance Volume (OBV) and Moving Averages. OBV is a momentum indicator that uses volume flow to predict changes in stock price. The Gadi OBV indicator takes this a step further by adding Moving Averages to smooth out price data and provide clearer buy and sell signals. To use the Gadi OBV indicator, traders simply need to add it to their MT4 platform and look for crossovers between the OBV line and its Moving Averages. When the OBV line crosses above the Moving Averages, it indicates a bullish trend, while a crossover below indicates a bearish trend. This can help traders make more informed decisions and improve their overall trading strategy.
MT4
Mt4 Gadi Obv
MT4 Gadi OBV Indicator is a popular and free forex indicator that can be useful for traders looking to analyze price movements. It works by taking into account both price and volume data to determine the strength of a trend. Traders can use it to identify potential buy or sell signals, making it a valuable tool for technical analysis in the forex market.
| Indicator Type | |
|---|---|
| Trading Style | , |
| Timeframe | |
| Platform |
0
People watching this product now!
Downloads - 4
Description
Reviews (0)
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
AO Divergence
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
Momentum Reversal Detector
The Momentum Reversal Detector Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential reversals in market momentum. The indicator uses a combination of moving averages, oscillators, and price action to generate signals when a reversal is likely. The Momentum Reversal Detector Indicator is a great tool for any Forex trader looking to capitalize on short-term reversals.
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
CCI Divergence
The CCI Divergence Indicator for MT4 is a useful and popular free Forex indicator. It is used to identify potential reversals in the market by looking for divergences between price and the Commodity Channel Index (CCI). The indicator uses the CCI to determine when the market is overbought or oversold and when the trend is likely to reverse. It will then plot a divergence line on the chart to indicate potential reversal points. The CCI Divergence Indicator for MT4 is a great tool for traders of all levels and can be used to help traders make more informed decisions.
Reviews
There are no reviews yet.