How Do You Draw Gold Fib Retracement Levels on MetaTrader 4 Charts?

How Do You Draw Fib Retracement Levels on MT4 Charts?

To draw Fibo Retracement indicator on the MT4 software, you can use the following gold step-by-step lesson:

1. Click "Insert Menu"2. Click 'Fib'3. Click 'Retracement'

How Do You Draw Fibonacci Retracement Levels on MT4 Charts?

How Do You Draw Fibonacci Retracements Levels on MetaTrader 4?

After adding this Fib Retracement Indicator tool on the MetaTrader 4 software - this Fibonacci retracement technical indicator can then be accessed from 'MetaTrader 4 Line Studies Tool Bar' as shown on the Fibonacci retracement example illustrated below.

How Do You Draw Fibonacci Retracement Levels in MetaTrader 4 Charts?

This Fibonacci retracement indicator is located on MetaTrader 4 platform (Line Studies ToolBar), to go to this MT4 platform line studies tool-bar click 'View' button at the tops left corner of MetaTrader 4 platform software adjacent to file menu, then click chart 'Tool-Bars', Then Check MetaTrader 4 'Line Studies'.

From above MetaTrader 4 Fib Retracement indicator tool a trader can then select this Fibo retracement xauusd tool & place it on a xauusd chart to identify where the Fibonacci Retracement Levels are on the Chart.

How Do I Draw Fib Retracement Levels in MetaTrader 4 Charts?