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

How to Setup Fibonacci Retracement Technical Indicator on MT4

To setup Fibonacci Retracement Levels tool on the MT4 platform, you can use the following step by step lesson:

1. Click Insert 2. Click Fibonacci 3. Click Retracement

How Do You Set Up Fibonacci Retracement Levels on MT4?

After adding this Fibonacci Retracement Technical Indicator tool on the MetaTrader 4 platform this indicator can then be accessed from "MetaTrader 4 Line Studies Tool Bar" as shown on example below.

How to Set Up Fibonacci Retracement Levels on MT4

This Fib Retracement indicator is located on MetaTrader 4 (Line Studies Toolbar), to navigate to this line studies toolbar click "View" button key at the tops left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies". You can learn how to use Fibonacci Retracement Levels tool on the MT4 platform using a demo forex practice trading account.