How to Draw Fibonacci Extension Technical Indicator Tool on MetaTrader 4 Stock Indices Charts
How to Add Fibonacci Extension Technical Indicator Tool on MetaTrader 4
Steps: Fibo Extension Levels tool is not shown by default on MT4 settings, if the Fib Extension Technical Indicator Tool isn't appearing on your MetaTrader 4 software, (no need for you to download this Fibo Extension technical indicator) then find 'MT4 Line Studies Tool-bar' shown below and follow the steps below to add the Fibo Extension Areas Indicator Tool on MT4:
1. MetaTrader 4 Line Studies Tool-Bar - How Do You Draw Fibonacci Extension Levels in MT4?
How to Draw Indices Trading Fib Extension in MetaTrader 4 - How to Draw Fibonacci Extension in MT4
2. Customize Line Studies Tool Bar - How to Draw Fibonacci Extension Levels in MetaTrader 4
Right-click Customize button (illustrated and displayed below) >>> A dropdown menu appears, Select Customize >>>
How to Draw Fibonacci Extension Indicator on MetaTrader 4
3. Place This Fibonacci Extension Tool on MT4 - How to Draw Fibonacci Extension Technical Indicator Tool on MetaTrader 4 Indices Charts
Select the Fibonacci Extension Indicator tool from the pop up window that will then appear >>> Click Insert button >>> Click Close. (Shown Below)
Place Fibonacci Extension Tool on MetaTrader 4 - How to Draw Fibonacci Extension Technical Indicator Tool on MT4 Stock Indices Charts
4. Fibonacci Extension Technical Indicator Added - How to Add Fibonacci Extension Tool in MetaTrader 4
How to Add Fibonacci Extension Tool in MetaTrader 4
How Do I Draw Indices Trading Fibonacci Extensions?
A trader can then select the Fibonacci Extension Technical Indicator Tool shown above on the MetaTrader 4 platform and then use this Fibonacci Extension tool to place this indicator on the stock indices chart and use this Fibonacci Extension tool to determine the Fibonacci Extension Levels on the stock indices charts.