n this text, I’ll talk about the creation of the On Stability Quantity Multi Timeframe indicator for MT5. This indicator will calculate the comparability of OBV actions in proportion phrases throughout 21 completely different timeframes, starting from M1 to MN1.
The On Stability Quantity Multi-Timeframe indicator for MT5 (OBV_MTF) makes use of a template and shows a panel on the chart. Its operate, operation, and utilization are an identical to the Power of Worth Motion Multi Timeframe indicator (SPM_MTF) as detailed within the earlier article.