How to Draw Fib Projection on MT4 - Fibonacci Projection Indicator in MetaTrader 4 Charts

How to Add Fibonacci Projection Technical Indicator Tool on MT4

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

1. MetaTrader 4 Line Studies ToolBar - How Do You Draw Fibonacci Projection Zones on MT4?

How to Draw Fib Projection on MT4 - How to Draw Fibonacci Projection in MetaTrader 4

2. Customize Line Studies Tool Bar - How to Draw Fibonacci Projection Zones on MT4

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

Customize Line Studies Tool-bar - How to Draw Fibonacci Projection Indicator in MT4

3. Place This Fibonacci Projection Tool on MT4 - How to Draw Fibonacci Projection Indicator in MetaTrader 4 Charts

Select the Fibonacci Projection Technical Indicator tool from the pop up window panel which will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place Fibonacci Projection Tool on MT4 - How to Draw Fibonacci Projection Indicator on MetaTrader 4 Charts

4. Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Tool on MT4

Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Tool on MT4

How Do You Draw Fibonacci Projections?

A trader can then choose the Fibo Projection Technical Indicator Tool shown above on the MT4 platform and then use this Fibonacci Projection tool to place this indicator on the forex chart and use this Fib Projection tool to determine the Fib Projection Zones on the forex trading charts.