How to Set Up Fibonacci Retracement Areas on MT4
How to Setup Fibonacci Retracement Technical Indicator on MetaTrader 4
To setup Fibonacci Retracement Levels tool on the MT4 platform, you can use the following stock indices trading step by step guide:
1. Click Insert 2. Click Fibonacci 3. Click Retracement
How Do I Set Up Fibo Retracement Levels in MT4?
After adding this Fibonacci Retracement Technical Indicator tool on the MT4 platform this technical indicator can then be accessed from "MT4 Line Studies Tool Bar" as shown on the stock indices example illustrated below.
How to Set Up Fibo Retracement Levels in MetaTrader 4
This Fib Retracement indicator is located on MT4 (Line Studies Toolbar), to navigate to this line studies toolbar click "View" button key at tops left corner of MetaTrader 4 platform next to file, then click "Toolbars", Then Check "Line Studies". You can learn how to use Fibonacci Retracement Levels tool on the MetaTrader 4 platform using a demo stock indices trading practice account.
