How Do I Use XAUUSD Fib Projection Zones on MetaTrader 4?

How to Use Gold Fib Projection Zones on MT4

Setting up Fib Projection Zones in MT4

The procedure below explains how to draw Fibo Projection Levels and how to use this Fibo Projection Levels Tool.

How Do I Use Fibonacci Projection Levels Tool on MT4?

Steps of Adding Fib Projection Levels Tool on MT4: Fibo Projection Levels indicator is not displayed by default in MT4 settings - if the Fibo Projection Levels Tool doesn't appear in your MT4 platform - then locate the 'MT4 Line Studies Toolbar' as shown below and follow the procedure below to add the Fibo Projection Levels Tool:

1. MetaTrader 4 Line Studies Tool-bar - How Do I Use Fibonacci Projection Levels Tool on MT4?

How Do You Use XAUUSD Fib Projection Zones on MT4?

2. Customize Line Studies Tool-bar - How Do You Use Fibonacci Projection Levels Tool on MT4

Right click the Customize button key (illustrated & displayed below) & a dropdown menu appears, Choose Customize

How Do You Use XAUUSD Fib Projection Zones on MT4?

3. Place This Fibonacci Projection Areas XAUUSD Tool on MT4 - How Do You Add Fibonacci Expansion Tool on MT4

Choose the Fibonacci Expansion Tool from the popup panel that appears and Click Insert button & then Click Close.(As Explained Below)

Interpret and Use Fib Projection Zones on MT4?

4. Fibo Expansion Tool Added in MetaTrader 4

Interpret & Use Fibonacci Projection Zones on MetaTrader 4?

How Do I Use Fibo Projection Levels on MT4