The Parabolic SAR indicator is a popular and useful tool for forex traders using the MT4 platform. This free indicator helps traders identify potential trend reversals, making it a valuable asset for both beginners and experienced traders. The Parabolic SAR indicator is based on price and time, and uses dots above or below the price chart to signal potential entry and exit points. When the dots are below the price, it indicates an uptrend, while dots above the price signal a downtrend. Traders can use the Parabolic SAR indicator in various ways, such as setting stop-loss orders or determining when to enter or exit a trade. By understanding how the indicator works and incorporating it into their trading strategy, forex traders can improve their chances of success in the market.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Parabolic-Sar-Signals-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Parabolic-Sar-Signals-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Parabolic-Sar-Signals-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Parabolic-Sar-Signals-screenshot-3-230x144.png)
Parabolic SAR Signals
Parabolic SAR is a popular and useful forex indicator for MT4 that provides buy and sell signals based on price momentum. It is free to use and easy to interpret, making it a valuable tool for traders. The indicator plots dots above or below the price chart to indicate potential trend changes. Traders can use Parabolic SAR signals to enter or exit trades with confidence.
Indicator Type | |
---|---|
Trading Style | |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Signal
Downloads - 4
Description
Reviews (0)
Be the first to review “Parabolic SAR Signals” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Darvas Boxes nmc
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.
PZ ABCD Retracement
The PZ ABCD Retracement Indicator is a popular and free forex indicator for MT4 that helps traders identify potential trading opportunities by identifying the AB=CD harmonic pattern. The indicator automatically plots Fibonacci retracement levels to help traders identify entry and exit points. It works by scanning the market for the AB=CD pattern and drawing the necessary lines and levels. It can be used by both a novice and an experienced trader, making it a versatile tool for traders who want to improve their trading results.
Super Arrow
The Super Arrow Indicator is a forex tool for MT4 that generates high-probability trading signals by using multiple indicators such as Moving Averages, Relative Strength Index, Bollinger Bands, and Magic Filter. It filters out false signals and provides good trade signals by combining these indicators.
MA Crossover Alerts
The MA Crossover Alerts Indicator is a popular and free forex indicator that signals potential trend changes by identifying when two moving averages cross each other. Indicator will generate an alert or notification to indicate that a potential trend reversal is imminent. It is easy to install and use, making it an excellent choice for both novice and experienced traders.
Swing Point Highs
The Swing Point Highs and Lows indicator is a new, popular and free MT4 technical analysis tool for forex traders. This indicator works by identifying swing points on a price chart and then drawing horizontal lines to indicate potential support and resistance levels. The swing point high and low indicator is a valuable tool for traders who want to identify key support and resistance levels and is suitable for both beginners and experienced traders.
Reviews
There are no reviews yet.