How to Set Up Fibonacci Extension Levels on MetaTrader 4

Setting up Forex Fib Extension Levels on MT4 Platform

Steps below explain how to set up Fibo Extension Levels, how to use this Fib Extension Levels tool indicator & how to trade with Fibo Extension Tool.

How to Setup Fibonacci Extension Levels Tool on MT4

Steps: Fibonacci Extension Levels tool is not displayed by default in MT4 settings, if the Fibonacci Extension Levels Tool does not appear on your MetaTrader 4 platform, (no need to download this Fibonacci Extension Levels technical indicator) then locate the "MetaTrader 4 Line Studies Toolbar" shown below and follow the steps below to set the Fibonacci Extension Levels Tool:

1. MetaTrader 4 Line Studies ToolBar - How Do You Set Up Fibonacci Extension Levels on MT4?

MetaTrader 4 Line Studies ToolBar - How Do You Set Up Fibonacci Extension Levels on MT4?

2. Customize Line Studies Tool Bar - How to Setup Fibonacci Extension 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 Extension Levels on MT4

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

Select the Fibonacci Extension tool from the pop up window which will then appear >>> Click Insert button key >>> Click Close. (Shown Below)

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

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

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