Place Parabolic SAR Indicator on Chart on MT4
This learn gold trading tutorial will explain how to place the Parabolic SAR, (Stop and Reverse), on the Chart on the MT4 platform. For Technical analysis: Technical analysis of gold trading Parabolic SAR.
How to Place XAUUSD Indicators in MetaTrader 4 Charts
Step 1: Open The Platform Navigator Window
Open the Navigator window panel as shown below - Navigate to 'View' menu (then click it) & then choose 'Navigator' window (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard shortcut key 'Ctrl+N'
On Navigator panel, choose "Technical Indicators", (DoubleClick)
Step 2: Expand the Technical Indicator Menu on the Navigator
Expand menu by clicking the expand button key mark (+) or doubleclick the 'indicators' menu, after this the button key will then now appear as (-) & will now be shown as a list as shown below.
From Above panel you can then add any technical indicator you want on the Gold chart.
Placing Parabolic SAR on a XAUUSD Trading Chart
Step 1: Select the Parabolic SAR button on the MT4 list of technical indicators as shown below:
Step 2: Double-click the Parabolic SAR Button, and click ok to place the technical indicator on the chart as displayed below:
Edit Parabolic SAR Technical Indicator Settings
To Adjust Settings, right click on Parabolic SAR Gold Indicator, select properties setting & then edit properties using pop up menu that appears & then click ok button once you've changed setting.
Following pop-up window panel pops up & the Trading Technical Indicator settings can be edited from this pop up window.