Place Parabolic SAR Indicator on XAUUSD Chart on MT4
This learn lesson will explain how to place the Parabolic SAR, (Stop & Reverse), on the Chart on the MT4 platform. For Technical analysis: Technical analysis of trading Parabolic SAR.
How to Place XAUUSD Indicators on MetaTrader 4 Charts
Step 1: Open The Platform Software Navigator Window
Open the Navigator panel as illustrated below - Navigate to 'View' menu (then click it) and then choose 'Navigator' panel (press), or From Standard Tool-Bar click the 'Navigator' button or press key-board shortcut key 'Ctrl+N'
On Navigator window, select "Indicators", (DoublePress)
Step 2: Expand Technical Indicator Menu on the Navigator
Expand menu by clicking the expand(+) button mark (+) or doubleclick the 'indicators' menu, after this the button will then now appear as (-) and will now be shown as a list as shown below.
From Above panel you then can add any indicator which you as the trader want on the +trading chart.
Setting Parabolic SAR on XAUUSD Chart
Step 1: Select the Parabolic SAR button on the MT4 list of technical indicators as cited below:
Step 2: Double-click the Parabolic SAR Button, and press ok button to add the technical indicator to the chart as high lighted below:
Edit Parabolic SAR Trading Indicator Settings
To Change Settings, right click on Parabolic SAR Trading Indicator, select properties setting and then edit property settings using popup menu that pops & then click okay button once you have changed setting.
Following pop-up window panel pops up & the Trading Technical Indicator settings can be edited from this popup window.
Study More Lessons & Tutorials:
- Moving Average Envelopes XAUUSD Indicator
- Gold Account Opening: XAU/USD Account Opening
- MT5 Gold Software Open New XAU USD Order in Tools Menu
- What is a Micro Gold Account in Gold? Micro Gold Account Explanation
- Divergence Trading Setups Summary Gold GOLD TRADING
- What Does a XAUUSD Leverage of 1 500 Mean?
- Method of How to Save a Workspace or Trading System on MT4 Platform
- How Many Types of XAUUSD Candlesticks Are There?
- When Not to Trade Gold During Gold Holidays
- How Do You Trade Downward Gold Trend Reversal XAU USD Signal?
