How to Draw Stocks Fib Projection on MT4

How to Add Fibonacci Projection Technical Indicator Tool on MT4

Steps: Fib Projection Levels tool is not displayed by default in MT4 platform settings, if the Fibonacci Projection Technical Indicator Tool does not appear on your MT4 stock 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 - Draw Fibonacci Projection Levels on MT4 Platform?

How to Draw Stocks Fib Projection in MetaTrader 4 Platform - How to Draw Fibonacci Projection in MT4

2. Customize Line Studies Tool-bar - How to Draw Fibonacci Projection Levels on MetaTrader 4

Right click Customize button key (displayed below) >>> A dropdown menu appears, Select Customize >>>

Customize Line Studies Tool-bar - How to Draw Fibo Projection Indicator in MetaTrader 4

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

Select the Fib Projection Technical Indicator tool from the popup window panel that will then appear >>> Click Insert button key >>> Click Close. (Shown Below)

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

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

Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Tool on MetaTrader 4

Trading Stock Draw Fibonacci Projections

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