How Do I Draw Fibonacci Expansion in MetaTrader 4 Software?

How Do You Draw Fib Expansion in MT4 Software?

How Do You Draw Fibonacci Expansions?

Steps to Place MetaTrader 4 Fibonacci Expansion Levels indicator: Fib Expansions tool isn't displayed by default on MT4 settings, if the Fib Expansion Indicator Tool doesn't appear on your MetaTrader 4 software, (no need to download this MT4 Fibonacci Expansion indicator) then locate the 'MT4 Line Studies Toolbar' shown below and follow the steps below to add the MetaTrader 4 Fibonacci Expansion Levels Indicator on MetaTrader 4:

1. MT4 Line Studies ToolBar - Draw MetaTrader 4 Fib Expansions on MT4?

How Do You Draw Fibo Extension on MT4

2. Customize Line Studies Tool-bar - Draw MetaTrader 4 Fib Expansions in MetaTrader 4

Right click the Customize button key (illustrated and shown below) >>> A drop-down menu appears, Choose Customize >>>

How Do I Draw Fibonacci Expansion in MetaTrader 4 Software?

3. Place This MT4 Fibonacci Expansion Tool on MT4 - How Do You Draw Fibonacci Expansion Tool in MetaTrader 4 Charts

Choose the Meta Trader 4 Fibo Expansion Indicator tool from the popup window which will then appear >>> Click Insert button >>> Click Close. (MT4 Fibonacci Expansion Indicator Shown Below)

Place Fib Expansion Tool on MT4 - How Do You Draw Fibonacci Expansion Tool in MetaTrader 4 Charts

4. Fibonacci Expansion Indicator Added - Trading Add MetaTrader 4 Fibonacci Expansion Tool on MT4>->

How Do I Draw Fib Expansion in MT4 Software?

Draw MetaTrader 4 Fibonacci Expansion Indicator

A trader can then select the Fib Expansion Tool shown above on the MetaTrader 4 software and then use this Fibonacci Expansion tool to place this indicator on the chart & use this Fibonacci Expansion tool to determine the Fib Expansions on the charts.

How Do I Draw Fib Expansion in MetaTrader 4?