How Do You Read Fib Retracement Levels Settings on MetaTrader 4?

How Do You Set Fib Retracement Levels Settings on MetaTrader 4?

To get Fib Retracement indicator parameters on the MetaTrader 4 platform - follow the step by step method explained below:

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

How Do You Read Fib Retracement Levels Settings in MetaTrader 4?

After adding Fibonacci Retracement Indicator tool on the MT4 platform the fibonacci retracement indicator is illustrated on the fibonacci retracement indicator example below - this Fibonacci retracement tool can then be accessed from 'MetaTrader 4 Line Studies Tool Bar' as shown on the fibonacci retracement indicator example below. Traders can then add this Fibonacci Retracement Indicator in the MT4 charts & change the Fib Retracement Indicator Settings by Right Clicking on this fibonacci retracement indicator on the MT4 Platform and then select the indicator properties and change any of the Fib Retracement Indicator settings from the indicator properties pop up window that appears.

How Do I Interpret Fib Retracement Levels Settings on MetaTrader 4?

This Fibonacci Retracement indicator is located on MT4 platform (Line Studies Tool-Bar), to go to this MetaTrader 4 line studies tool bar click 'View' at the tops left corner of MT4 platform adjacent to file, then click 'Tool-Bars', Then Tick 'Line Studies'.

How Do I Read Fibonacci Retracement Levels Settings on MetaTrader 4?