How to Draw Fibonacci Projection on MT4

Draw Commodities Trading Fibonacci Projections

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

1. MT4 Line Studies ToolBar - Commodity Trading Draw Fibonacci Projection Levels on MT4 Software?

How to Draw Commodity Trading Fib Projection on MT4 Platform - How to Draw Fibonacci Projection on MT4

2. Customize Line Studies Tool-bar - How to Draw Fibonacci Projection Levels in MetaTrader 4

Right click Customize button key (illustrated and shown below) >>> A dropdown menu appears, Select Customize >>>

How to Draw Fibonacci Projection Indicator on MetaTrader 4

3. Place This Fibonacci Projection Indicator in MetaTrader 4 Platform - How to Draw Fibonacci Projection Technical Indicator Tool on MT4 Commodity Trading Charts

Select the Fib Projection Technical Indicator tool from the pop up window which will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place Fibonacci Projection Indicator on MetaTrader 4 - How to Draw Fibonacci Projection Technical Indicator Tool in MT4 Commodities Trading Charts

4. Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Indicator on MT4

Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Indicator on MT4

Commodity Trading Draw Fibonacci Projections

A trader can then select the Fibo Projection Technical Indicator Tool shown above on the MetaTrader 4 platform and then use this Fibonacci Projection tool to place this indicator on the commodity chart and use this Fib Projection tool to determine the Fib Projection Levels on the commodity trading charts.