How Do You Set Up Fibonacci Extensions on MetaTrader 4?

How to Set up Fib Extension Levels in Meta Trader 4 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 Extensions Tool on MetaTrader 4

Steps: Fibo Extension Levels tool indicator is not displayed by default on MetaTrader 4 settings, if the Fibonacci Extension Levels Tool isn't appearing on your MT4 software, (no need for you to download this Fibo Extension Areas technical indicator) then find the "MT4 Line Studies Tool bar" shown & displayed below & follow the steps below to set the Fibonacci Extensions Tool:

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

MetaTrader 4 Line Studies Tool Bar - How Do You Set Up Fibonacci Extensions on MetaTrader 4?

2. Customize Line Studies Tool Bar - How to Set Up Fibonacci Extensions in MetaTrader 4

Rightclick the Customize button (displayed below) >>> A drop-down menu pops up, Choose Customize >>>

Customize Line Studies Toolbar - How to Set Up Fibonacci Extensions in MetaTrader 4

3. Place This Tool on MT4 - How to Setup Fib Extension Indicator in MT4

Choose the Fibo Extension tool from the pop up window that will then appear >>> Click Insert button key >>> Click Close. (Shown Below)

Place This Tool on MT4 - How to Setup Fibonacci Extension Indicator in Meta Trader 4

4. Fibo Extension Tool Added - Setup Fibonacci Extension Indicator in Meta Trader 4

Fibo Extension Tool Added - Setup Fibonacci Extension Indicator in Meta Trader 4