How Do I Set Up Fibonacci Expansion Levels on MetaTrader 4?

How to Setup Fibo Expansion Indicator in MT4

How to Set up Fibo Expansion Levels in MT4 Platform

The steps below show how to place Fibonacci Expansion Levels & how to use this Fib Expansion Levels tool indicator.

How to Add This Fibo Expansion Levels Tool on MT4

Steps: Fibonacci Expansion Levels tool is not displayed by default in MT4 settings, if the Fibonacci Expansion Levels Tool doesn't appear in your MetaTrader 4, (no need to download this Fib Expansion Areas indicator) then locate the 'MetaTrader 4 Line Studies Tool Bar' shown below and follow the steps below to set the Fibonacci Expansion Levels Tool:

1. MT4 Line Studies ToolBar - How Do You Set Up Fibonacci Expansion Levels on MT4?

MT4 Line Studies ToolBar - How Do You Set Up Fibonacci Expansion Levels on MT4?

2. Customize Line Studies Tool Bar - How to Setup Fibonacci Expansion Levels in MetaTrader 4

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

Customize Line Studies Toolbar - How to Set Up Fibonacci Expansion Levels in MetaTrader 4

3. Place This Tool in MetaTrader 4 - How to Setup Fibo Expansion Indicator in MetaTrader 4

Select the Fib Expansion tool from the pop up panel that will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place This Tool in MetaTrader 4 - How to Setup Fibo Expansion Indicator on MT4

4. Fib Expansion Indicator Added - Setup Fib Expansion Tool in MetaTrader 4

Fib Expansion Indicator Added - Setup Fibo Expansion Tool on MT4