Fibonacci Expansion Strategy
Stock Indices Trading Fibonacci Strategy
Steps: Fibo Expansion Indices Indicator is not displayed by default in MetaTrader 4 settings, if the Fibonacci Expansion Indicator Tool does not appear on your MetaTrader 4 software: follow the steps below to add the Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Indices Strategy Tool on MT4:
1. MetaTrader 4 Line Studies Tool Bar - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy
Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Strategy
2. Customize Line Studies ToolBar - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy
Right-click Customize button (illustrated and displayed below) >>> A dropdown menu appears, Select Customize >>>
Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Strategy
3. Place This Fibo Expansion Tool in MetaTrader 4 - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy
Select the Fibonacci Expansion Indicator tool from the pop up window that will then appear >>> Click Insert button >>> Click Close. (Shown Below)
Place Fibonacci Expansion Tool on MT4 - Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Strategy
4. Fibonacci Expansion Indicator Added - Fib Expansion Strategy - Fibonacci Expansion Strategy
Fibonacci Expansion Strategy - Fib Strategy - Fibonacci Expansion Strategy
A trader can then select the Fibonacci Expansion Levels MetaTrader 4 Indicator shown above in MT4 platform and then use this Fib Expansion tool to place this indicator on the stock indices chart & use this Fib Expansion indicator to determine the Fib Expansion Levels on the stock indices charts.