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How to Read Fib Projection Settings on MetaTrader 5

How Do You Analyze Fibo Projection Settings on MetaTrader 5?

Fib Projection Tool on MT5

Steps: Fib Projection Levels tool is not displayed by default on MetaTrader 5 settings, if the Fibo Projection Levels Tool does not appear on your MT5, (no need to download this Fib Projection Levels indicator) then locate the 'MetaTrader 5 Line Studies Toolbar' shown below and follow the steps below to get the MT5 Fib Projection Levels Tool Settings:

1. MT5 Line Studies ToolBar - Set Up MetaTrader 5 Fib Projection Indicator Settings on MT5?

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How Do You Read Fib Projection Settings in MT5

2. Customize Line Studies Tool-bar - Set Up Fib Projection Setting in MT5?

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

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3. Place This Tool in MT5 - Set Up Fib Projection Settings on MetaTrader 5?

Select the Fibonacci Projection technical indicator tool from the popup window which will then appear >>> Click Insert button >>> Click Close. (MetaTrader 5 Fibonacci Projection Settings Shown Below)

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4. Fibo Projection Tool Added - Set Up MT5 Fib Projection Setting on MT5?

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How Do I Analyze Fibo Projection Settings on MT5

As a trader you can then use above MT5 Fib Projection Tool Button to place the MT5 Fib Projection technical indicator on the MT5 chart & to change the parameters of the MT5 Fib Projection technical indicator on the chart you can right click on the Fib Projection technical indicator and choose the indicator properties settings button from the menu that appears and from this MT5 Fib Projection technical indicator properties settings window you can then change the MT5 Fib Projection indicator settings for the MT5 Fib Projection IndicatorTool.

Interpret Fibo Projection Settings on MT5?