Place Parabolic SAR Trading Indicator on Chart on MT4
This learn lesson will explain how to place the Parabolic SAR, (Stop and Reverse), on the Chart on the MT4 platform. For Technical analysis: Technical analysis of trading Parabolic SAR.
How to Place Indicators in MetaTrader 4 Charts
Step 1: Open The Platform Navigator Window
Open Navigator window panel as illustrated and shown below: Navigate to the 'View' menu (click it) and then select 'Navigator' window (press), or From Standard Tool Bar click on 'Navigator' button or press shortcut key-board keys 'Ctrl+N'
On Navigator panel, select 'Indicators', (DoublePress)
Step 2: Expand Indicators Menu on the Navigator
Expand menu by clicking expand + button marker (+) or doubleclick 'indicators' menu, after this the button will then now appear as (-) and will now be shown as a list as shown below.
From the Above panel you can then add any trading indicator which you as a trader want onto the chart.
Setting Parabolic SAR on Chart
Step 1: Select the Parabolic SAR button on MetaTrader 4 list of indicators as illustrated below:
Step 2: Double-click the Parabolic SAR Button Key, & press ok to place the indicator to the chart as shown below:
Edit Parabolic SAR Stock Indices Trading Indicator Settings
To Change Settings, rightclick on Parabolic SAR Trading Indicator, choose properties settings and then edit properties settings using the pop up menu that pops & click ok button key once you change setting.
The following window pop up pops up and Indicator settings can be edited from this window pop up.
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