Place Parabolic SAR Trading Indicator on a Chart on MT4
This learn lesson will describe how to add the Parabolic SAR, (Stop and Reverse), on the Chart on the MT4 platform. For Technical analysis: Technical analysis of trading Parabolic SAR.
How to Add Indicators in MT4 Charts
Step 1: Open The Platform Navigator Window
Open the 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 list by clicking the expand (+) button marker (+) or doubleclick 'indicators' menu, after this the button will then now appear as (-) & will now be revealed as a list just as shown below.
From the Above panel you as a trader can then add any trading indicator which you as a trader want onto the chart.
Setting and Placing Parabolic SAR on a Chart
Step 1: Select the Parabolic SAR button on MT4 list of indicators like is shown below:
Step 2: Double-click the Parabolic SAR Indicator Button Key, & press ok to place the indicator to the chart just as shown below:
Edit Parabolic SAR Stock Index Trade Indicator Settings
To Change Settings, rightclick on Parabolic SAR Technical 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 panel pop up pops up and Indicator settings can be changed & edited using this window popup.
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