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Place Parabolic SAR Indicator on XAUUSD Chart on MT4

This learn tutorial 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.

MetaTrader 4 Parabolic SAR for Day Trading - Technical Analysis of Parabolic SAR Trading Technical Indicator

How to Place XAUUSD Indicators on MetaTrader 4 Charts

Step 1: Open The Platform Navigator Window

Open the Navigator window as illustrated below - Navigate to 'View' menu (then click it) and then choose 'Navigator' window (click), or From Standard Tool-Bar click the 'Navigator' button or press keyboard short-cut key 'Ctrl+N'

On Navigator window, select "Indicators", (DoubleClick)

How Do I Use XAUUSD Parabolic SAR Indicator on XAUUSD Chart in XAUUSD Platform?

Step 2: Expand the 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.

How Do I Set Parabolic SAR Indicator on Chart in MetaTrader 4?

From Above panel you can then add any indicator you want on the chart.

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Setting Parabolic SAR on XAUUSD Chart

Step 1: Select the Parabolic SAR button on the MT4 list of technical indicators as cited below:

Place Parabolic SAR Indicator on Chart on MT4 - MT4 Parabolic SAR Indicator for Day Trading Gold

Step 2: Double-click the Parabolic SAR Button, and click ok to place the indicator on the chart as highlighted below:

Place Parabolic SAR Indicator on Chart on MT4 - Parabolic SAR Indicator Technical Analysis

Edit Parabolic SAR Indicator Settings

To Change Settings, right click on Parabolic SAR Indicator, select properties setting and then edit properties using pop up menu that appears & then click ok button once you've changed setting.

Place Parabolic SAR Indicator on Chart on MT4 - Place Parabolic SAR Indicator in Chart

Following pop-up window panel pops up & the Trading Technical Indicator settings can be edited from this pop up window.

MetaTrader 4 Parabolic SAR for Day Trading XAUUSD

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