How to Draw Fib Expansion IndicatorTool on Meta Trader 4 Stock Indices Charts

How to Add Fib Expansion IndicatorTool on Meta Trader 4

Steps: Fib 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 software, (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 IndicatorTool on MetaTrader 4:

1. MT4 Line Studies Tool Bar - How Do You Draw Fib Expansions on MT4?

How to Draw Fibo Extension in MetaTrader 4

2. Customize Line Studies Tool-bar - How to Draw Fib Expansions in Meta Trader 4

Rightclick Customize button (illustrated and displayed below) >>> A dropdown menu pops up, Select Customize >>>

How to Draw Fib Expansion Indicator on MT4

3. Place This Fibo Expansion Tool in MetaTrader 4 - How to Draw Fib Expansion IndicatorTool on Meta Trader 4 Indices Charts

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

Place Fibonacci Expansion Tool on MT4 - How to Draw Fib Expansion IndicatorTool on Meta Trader 4 Stock Indices Charts

4. Fibonacci Expansion Indicator Added - How to Add Fib Expansion Tool on Meta Trader 4

How to Add Fibonacci Expansion Tool on Meta Trader 4

How Do I Draw Indices 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 in the stock indices chart and use this Fibonacci Expansion tool to determine the Fibonacci Expansions on the stock indices charts.