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Place Parabolic SAR Indicator on Forex Chart in MT4

This tutorial will explain how to place the Parabolic SAR, (Stop And Reverse), on the Forex Chart on the MT4 platform. For Technical analysis: Technical analysis of Parabolic SAR.

MT4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Technical Indicator Explanation

How to Place Indicators in MetaTrader 4 Charts

Step 1: Open Navigator Window on Forex Platform

Open Navigator window as shown & illustrated below: Navigate to " View " menu (click on it), then select " Navigator " window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"

On Navigator window, choose 'Indicators' , (Double-Click)

MetaTrader 4 Parabolic SAR Indicator for Day Trading - Forex Trading Parabolic SAR Indicator Described

Step 2: Expand the FX Indicators Menu on the Navigator

Expand menu by clicking expand button key marker (+) or doubleclick "indicators" menu, after this the button key will appear as (-) and will now display a list as shown & illustrated below.

MT4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Technical Indicator Explanation

From the Above window you can then place any technical indicator you want on the chart.

Placing Parabolic SAR on a Chart

Step 1: Select the Parabolic SAR button on MetaTrader 4 list of technical indicators as displayed below:

MT4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Technical Indicator Explanation

Step 2: Double click Parabolic SAR Button Key, and click okay to insert the indicator on forex chart as shown and illustrated below:

MT4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Technical Indicator Explanation

Edit Parabolic SAR FX Trading Indicator Settings

To Adjust Settings, right click on Parabolic SAR Indicator, select properties and then edit the settings using the popup menu that pops up & click ok button key after you've changed settings.

MetaTrader 4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Trading Indicator Explanation

The following pop up window appears & Technical Indicator settings can be edited from this pop up panel.

MT4 Parabolic SAR Technical Indicator for Day Trading - Forex Parabolic SAR Trading Indicator Explanation


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