How Do I Draw Fib Retracement on MT4 Platform?

How Do You Draw Fib Retracement on MT4 Platform?

To draw Fibo Retracement indicator in the MT4 platform, you can use the following xauusd step-by-step lesson:

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

How Do I Draw Fibo Retracement on MT4 (MT4)?

How Do You Draw Fibonacci Retracements Levels on MT4?

After adding this Fibo Retracement Indicator tool on the MT4 platform - this Fibonacci retracement technical indicator tool can then be accessed from 'MT4 Line Studies Tool Bar' as shown on the Fibonacci retracement example illustrated below.

How Do You Draw Fibo Retracement in MetaTrader 4 Software?

This Fib retracement indicator is located on MT4 software (Line Studies Tool-Bar), to go to this MT4 platform line studies toolbar click 'View' button at the tops left corner of MT4 software adjacent to file, then click chart 'ToolBars', Then Check MT4 'Line Studies'.

From the above MT4 Fibo Retracement indicator tool a trader can then select this Fibo retracement xauusd tool & place it on a xauusd chart so as to identify where the Fibonacci Retracement Levels are on the Chart.

How Do I Draw Fibo Retracement in MetaTrader 4 Software?