How Do You Use XAUUSD Trading Fib Projection Zones on MetaTrader 4?

How to Use Gold Trading Fibo Projection Zones on MT4

Setting up Fibonacci Projection Zones on MT4

The procedure below explains how to draw Fibo Projection Levels & how to use this Fib Projection Levels XAUUSD Tool.

How Do You Use Trading Fibonacci Projection Levels XAUUSD Tool on MT4?

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

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

How Do You Use XAUUSD Trading Fib Projection Zones on MetaTrader 4?

2. Customize Line Studies Tool-bar - How Do I Use Trading Fibonacci Projection Levels XAUUSD Tool in MT4

Right click the Customize button key (illustrated & shown below) and a drop-down menu appears, Select Customize

How Do You Use XAUUSD Trading Fib Projection Zones on MetaTrader 4?

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

Select the Fibonacci Expansion XAUUSD Tool from the popup window that appears and Click Insert button and then Click Close.(As Explained Below)

Interpret & Use Fib Projection Zones on MetaTrader 4?

4. Fibonacci Expansion XAUUSD Tool Added in MT4

Interpret & Use Fib Projection Zones on MetaTrader 4?

How Do You Use Fibonacci Projection Levels in MT4