Fibonacci Retracement Settings - Fibonacci Retracement Technical Indicator - Fibonacci Retracement Tool MT4

To get Fibonacci Retracement indicator settings on the MT4 platform, you can use the following step by step lesson:

1. Click "Insert Menu"2. Click "Fibo"3. Click "Retracement"

Fibonacci Retracement Settings - Fibonacci Retracement Forex Tool Settings on MT4

After adding Fibonacci Retracement Technical Indicator tool on the MT4 platform the indicator is shown on the example below - this Fibonacci retracement technical indicator can then be accessed from "MetaTrader 4 Line Studies Tool Bar" as shown on example below. Traders can then place this Fibonacci Retracement Technical Indicator on the Forex trading chart and change the Fibonacci Retracement Technical Indicator Settings by Right Clicking on this indicator on the MetaTrader 4 Platform and then select indicator properties and then change the Fibonacci Indicator settings from the properties popup window that appears.

How to Draw Fib Indicator in MetaTrader 4 Charts

This Fib Retracement indicator is located on MetaTrader 4 (Line Studies Tool-bar), to go to this line studies toolbar click "View" button key at the tops left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies".