Place Parabolic SAR on XAUUSD Chart on MT4 Platform Software

This learn lesson will demostrate and describe how to place the Parabolic SAR, (Stop & Reverse), on the Chart on the MetaTrader 4 software. For Technical analysis: Technical analysis of Parabolic SAR.

Day Trading with Parabolic SAR on MT4 - Analysis of the Parabolic SAR Trading Indicator

How to Add XAU/USD Indicators in MetaTrader 4 Charts

Step 1: Open The Platform Software Navigator Window Panel

Open Navigator panel such as illustrated & shown below - Navigate to 'View' menu (then click it) & then select and choose 'Navigator' panel (click), or From Standard ToolBar click the 'Navigator' button or press key-board short-cut key 'Ctrl+N'

On Navigator window, select & choose "Technical Indicators", (DoublePress)

Using Parabolic SAR on XAUUSD – How to Apply Parabolic SAR to Gold Charts

Step 2: Expand Indicator Menu on the Navigator

To expand the menu, click the open (+) tool/button marked with a '+' or double-click the 'indicators' menu. Following this action, the button will change to a (-) and will be displayed as a list, as illustrated below.

How Do I Set Parabolic SAR on Chart on the MetaTrader 4 Software?

From the window above, you are then free to add any analytical indicator you, as the operator, wish to display on the chart interface.

Setting Parabolic SAR on XAUUSD Chart

Step 1: In the MT4 indicator directory, select and highlight the Parabolic SAR button, as referenced in the material below:

Add Parabolic SAR to MT4 Chart. Parabolic SAR for Gold Day Trading in MT4.

Step 2: Click the Parabolic SAR button two times, then hit ok to put the indicator on the chart as shown below.

Placing the Parabolic SAR Indicator on a Chart for Technical Analysis in MT4

Edit Parabolic SAR Settings

To modify settings in the Parabolic SAR indicator, simply right-click, select 'Properties', adjust desired parameters in the pop-up window, and confirm changes by clicking 'OK'.

Placing the Parabolic SAR Indicator on a MetaTrader 4 Chart - Steps for Adding and Utilizing Parabolic SAR on Charts

Adjusting Indicator Settings: Edit indicator properties through the popup panel accessible via the software interface.

MetaTrader 4 Parabolic SAR for Day Trading XAU/USD

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