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

How to Setup Fibonacci Expansion Indicator on MT4

How to Set up Forex Fib Expansion Levels in MetaTrader 4 Platform

The steps below explain how to draw Fibo Expansion Levels and how to use this Fib Expansion Levels tool indicator.

How to Add This Fibonacci Expansion Levels Tool on MT4

Steps: Fibo Expansion Levels tool is not displayed by default in MT4 settings, if the Fibonacci Expansion Levels Tool does not appear on your MetaTrader 4, (no need to download this Fibonacci Expansion Areas indicator) then locate the 'MetaTrader 4 Line Studies Toolbar' 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?

MetaTrader 4 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 on MT4

Right click Customize button key (shown & illustrated below) >>> A dropdown menu appears, Select Customize >>>

Customize Line Studies Toolbar - How to Set Up Fibonacci Expansion Levels on MT4

3. Place This Tool in MetaTrader 4 - How to Setup Fibonacci Expansion Indicator on MT4

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

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

4. Fibonacci Expansion Tool Added - Setup Fibonacci Expansion Tool in MetaTrader 4

Fibonacci Expansion Tool Added - Setup Fibonacci Expansion Tool in MetaTrader 4