The 4 Time Frame OBV 2 Indicator for MT4 provides traders with a comprehensive multi-timeframe trend view, helping them make informed trading decisions based on On Balance Volume (OBV) analysis.
🔹 Key Features
✔️ 4-Timeframe OBV Trend Display – Tracks the trend of the current chart and 3 higher time frames.
✔️ Color-Coded Signals – Blue for bullish trends and red for bearish trends.
✔️ Higher Timeframe Confirmation – Ensures alignment before entering a trade.
✔️ Works Across Time Frames – Can be applied to any chart up to H4.
✔️ User-Friendly Design – Suitable for both beginners and experienced traders.
🔹 Trading Strategy
✔️ Buy Signal – All 4 time frames show blue (bullish) → Enter long position.
✔️ Sell Signal – All 4 time frames show red (bearish) → Enter short position.
✔️ Stop Loss – Place below previous swing low for buy trades, above swing high for sell trades.
✔️ Exit Strategy – Hold until at least 2 time frames show an opposite signal or follow an aggressive exit approach.
🔹 Benefits
✔️ Trend Alignment at a Glance – No need to switch charts constantly.
✔️ Improves Accuracy – Reduces false signals by confirming multiple time frames.
✔️ Supports All Trading Styles – Scalping, intraday, and swing trading.
✅ Conclusion:
The 4 Time Frame OBV 2 Indicator for MT4 is a powerful trend-following tool that combines OBV and multi-timeframe analysis to keep traders on the right side of the market.
Risk Disclaimer
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Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.
Always remember
my 3R Rule
: If the money
is yours then, risk
, reward
and regret
are solely yours. 
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