Place Parabolic SAR Indicator in Chart in MT4

This 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 Parabolic SAR.

How to Place Indicators on MT4 Charts

Step 1: Open Navigator Window on Software

Open Navigator panel as shown & illustrated below: Go to 'View' menu (click on it), then choose 'Navigator' panel (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard shortcut keys 'Ctrl+N'

On Navigator panel, choose 'Indicators', (DoubleClick)

Step 2: Expand the Indicators 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 then can place any indicator you want on the chart.

Placing Parabolic SAR Indicator on Chart

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

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

Edit Parabolic SAR Indicator Settings

To Change the Settings, right click in Parabolic SAR Indicator, choose properties & then edit settings using pop up menu that pops & click ok button key after you've changed settings.

The following popup appears and the Indicator settings can be edited from this popup.