Place Parabolic SAR Indicator on Forex Chart on MetaTrader 4

This tutorial will explain how to place the Parabolic SAR, (Stop and Reverse), on the Forex Chart on the MetaTrader 4 platform. For Technical analysis: Technical analysis of Parabolic SAR.

How to Place Indicators on MetaTrader 4 Charts

Step 1: Open The Navigator Window

Open the Navigator window as shown below; Go to "View" menu (click), then select the "Navigator" window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"

On the Navigator window, select "Indicators", (Double Click)

Step 2: Expand the Indicators Menu on the Navigator

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

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

Placing Parabolic SAR on a Chart

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

Step 2: Double click the Parabolic SAR Button, and click okay to place the indicator on the chart as shown below:

Edit Parabolic SAR Settings

To Adjust Settings, right click on the Parabolic SAR Indicator, select properties and then edit the properties using the popup menu that appears and then click ok after changing the settings.

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