How to Draw Fibonacci Expansion on MetaTrader 4

How Do I Draw Bitcoin Trading Fib Expansions?

Steps: Fibo Expansion Levels tool is not displayed by default in MT4 settings, if the Fibo Expansion Technical Indicator Tool is not shown on your MetaTrader 4 software, (no need to download this Fibonacci Expansion indicator) then locate the 'MT4 Line Studies Toolbar' shown below and follow the steps below to add the Fibonacci Expansion Levels Technical Indicator on MT4:

1. MT4 Line Studies Tool Bar - How Do I Draw Fibo Expansion Levels on MT4?

How to Draw Fibo Extension in MetaTrader 4

2. Customize Line Studies Tool-bar - How to Draw Fibonacci Expansion Levels on MetaTrader 4

Rightclick the Customize button (illustrated & displayed below) >>> A dropdown menu pops up, Choose Customize >>>

How to Draw Fibonacci Expansion Indicator on MetaTrader 4

3. Place This Fibonacci Expansion Indicator in MetaTrader 4 - How to Draw Fibonacci Expansion Bitcoin Technical Indicator Tool on MT4 Bitcoin Charts

Select the Fibo Expansion Technical Indicator tool from the popup window which will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place Fibonacci Expansion Indicator on MetaTrader 4 - How to Draw Fibonacci Expansion Bitcoin Technical Indicator Tool on MT4 Cryptocurrency Charts

4. Fibonacci Expansion Technical Indicator Added - How to Add Fibonacci Expansion Indicator on MetaTrader 4

How to Add Fibonacci Expansion Indicator on MetaTrader 4

How Do I Draw Bitcoin Trading Fibonacci Expansions?

A trader can then choose the Fibonacci Expansion Technical Indicator Tool shown above on the MT4 platform and then use this Fibonacci Expansion tool to place this indicator on the cryptocurrency chart & use this Fibonacci Expansion tool to determine the Fibonacci Expansion Levels on the bitcoin charts.