How to Draw Gold Trading Fib Expansion on MetaTrader 4

How Do I Draw XAUUSD Trading Fib Expansions?

Steps: Fibo Expansion Levels tool indicator is not displayed by default on MetaTrader 4 settings, if the Fib Expansion Indicator Tool is not shown on your MT4 platform, (no need to download this Fibonacci Expansion indicator) then find the "MetaTrader 4 Line Studies Tool bar" shown & displayed below and follow steps below to add the Fib Expansion Areas Technical Indicator Tool on MetaTrader 4:

1. MT4 Line Studies Tool Bar - How Do You Draw Fibonacci Expansion Levels on MT4?

How to Draw Gold Trading Fib Extension on MT4

2. Customize Line Studies Tool Bar - How to Draw Fibonacci Expansion Levels on MT4

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

Customize Line Studies Toolbar - How to Draw Fibonacci Expansion Indicator on MT4

3. Place This Fibo Expansion Indicator in MT4

Select the Fibo Expansion Technical Indicator tool from the pop up window that will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place Fibonacci Expansion Indicator in MetaTrader 4 - How to Draw Fibonacci Expansion Indicator on MetaTrader 4 XAUUSD Charts

4. Fibonacci Expansion Indicator Added - How to Add Fibonacci Expansion Indicator on MT4

Fibonacci Expansion Indicator Added - How to Add Fibonacci Expansion Indicator on MT4

How Do I Draw XAUUSD Trading Fib Expansions?

A trader can then choose the Fibonacci Expansion Indicator Tool shown above on the MetaTrader 4 platform and then use this Fibonacci Expansion tool to place this indicator on the gold chart & use this Fibonacci Expansion tool to determine the Fibonacci Expansion Levels on the xauusd charts.