How Do I Draw Fibo Retracement Levels in MT5?

How Do You Draw Fibo Retracement Levels in MT5?

To draw Fib Retracement indicator in the MetaTrader 5 platform, you can use the following step-by-step lesson:

1. Click the 'Insert'2. Click the 'Fib'3. Click the 'Retracement'

How Do I Draw Fib Retracement Levels in MT5?

How Do You Draw Fibonacci Retracements Levels on MT5?

After adding this Fibo Retracement Indicator tool on the MT5 software - this Fibonacci retracement tool can then be accessed from 'MT5 Line Studies Tool Bar' as shown on the Fibonacci retracement trading example below.

How Do You Draw Fibo Retracement Levels on MT5?

This Fib retracement indicator is located on MetaTrader 5 platform (Line Studies Tool-Bar), to go to this MT5 software line studies tool-bar click 'View' at the tops left corner of MT5 software software adjacent to file, then click chart 'Tool-Bars', Then Check MT5 'Line Studies'.

From above MT5 Fib Retracement indicator tool a trader then can choose this Fibo retracement trading tool and place it on chart to identify where the Fibo Retracement Areas are on the Chart.

How Do I Draw Fib Retracement Levels in MetaTrader 5?