Live streaming on Youtube with MB Studio is very easy. Go to your Youtube profile and activate a live video and choose the broadcast with a streaming software

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 Now take note of the streaming configuration:

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Now open the encoder configuration in MB STUDIO and set it to RTMP Video codec Video h264 2048K or higher and in the server box write:

rtmp://a.rtmp.youtube.com/live2/ and on its right paste the streaming key

the result will be something like this

rtmp://a.rtmp.youtube.com/live2/streamkey

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Now you can activate the encoder and you should be live on youtube

Please note that YouTube will disconnect you if you broadcast copyrighted audio or video.