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Fibo Extension Indicator

Fibonacci Extension Technical Tool on MT4 Platform

The Fibonacci Extensions tool is not included by default in the settings of MT4. If you do not see the Fib Expansion Levels Tool on your MT4, there is no need to download this Indicator. Instead, find the 'MetaTrader 4 Line Studies Tool-bar' shown below and follow these steps to access the Fibonacci Extensions Tool Settings:

1. MetaTrader 4 Line Studies ToolBar - Set Up Fibonacci Expansion Settings on the MT4 Platform?

Fib Expansion Settings - Fibo Extension Setting

BTCUSD Fibonacci Extension Setting

2. Customize Line Studies ToolBar - Set Up Fibonacci Expansion Settings in MetaTrader 4 Platform?

Right Click the Customize button (illustrated & displayed below) >>> A drop-down menu pops and shows up, Select and Choose Customize >>>

Fibonacci Extension Bitcoin Trading Tool Settings on the MT4 - Fibonacci Extensions Setting

Fibonacci Extension Bitcoin Tool Setting in MT4 Platform Software

3. Set This Tool on MT4 -Set Up Fibonacci Expansion Settings in MetaTrader 4 Platform?

Choose the Fibo Expansion tool from the popup panel that will then appear >>> Press Insert button >>> Click Close. (Shown Below)

MetaTrader 4 Fibo Extension Areas Trading Software Fibonacci Settings - Fibo Extension Setting

MetaTrader 4 Fibo Extension Trading Software Fibo Settings

4. Fibo Extension Tool Added -Set Up Fibonacci Expansion Settings on the MT4 Platform?

Fibonacci Expansion Setting - Fibonacci Extension Indicator

Fib Expansion Settings - Fibonacci Expansion Indicator - Fibonacci Extension Bitcoin Tool Setting in MT4 Platform

As a trader you can then use the above Fibo Extension Tool Button to place the Fibonacci Extension indicator on the chart and to change the settings of the Fibo Extension on the chart you can right-click the Fibonacci Extension & choose the properties settings button from the menu which pops up and from this properties settings window you can then change the indicator settings for the MT4 Fibo Expansion Indicator bitcoin trading tool.

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