Place Parabolic SAR Indicator on Chart on MT4
This learn tutorial 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 Meta Trader 4 Charts
Step 1: Open The Platform Navigator Window
Open Navigator panel as illustrated and shown below: Navigate to 'View' menu (click it) and then select 'Navigator' panel (click), or From Standard Tool Bar click on 'Navigator' button or press short cut key-board keys 'Ctrl+N'
On Navigator panel, select 'Indicators', (DoubleClick)
Step 2: Expand the Indicators Menu on the Navigator
Expand the menu by clicking expand button marker (+) or double click '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 indicator you want on 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, & click okay to place the indicator on the chart as shown below:
Edit Parabolic SAR Stock Indices Trading Indicator Settings
To Change Settings, right click on Parabolic SAR Indicator, choose properties settings and then edit the property settings using the popup menu that appears & click ok button key once you change setting.
The following window pop up pops up and Indicator settings can be edited from this panel popup.