How to Draw Fibonacci Stock Indices Indicator Tool on MetaTrader 4 Stock Indices Charts
How Do I Draw Indices Trading Fib Retracements?
To draw Fibonacci Retracement indicator on MetaTrader 4 platform, you can use the following stock indices trading step by step guide:
1. Click "Insert Menu"2. Click 'Fibo'3. Click 'Retracement'
How to Draw Fib Retracement in MetaTrader 4
How Do I Draw Fibonacci Retracements Levels?
After adding this Fibonacci Retracement Technical Indicator tool on the MetaTrader 4 platform - this Fibonacci retracement technical indicator can then be accessed from 'MT4 Line Studies Tool Bar' as shown on the stock indices trading examples explained below.
How to Draw Fib Stock Indices Indicator Tool on MetaTrader 4 Indices Charts
This Fib Retracement indicator is located on MT4 (Line Studies Tool-bar), to navigate to this line studies tool-bar click 'View' button key at tops left corner of MT4 platform next to file, then click the 'Toolbars', Then Check 'Line Studies'.
From above MetaTrader 4 Fibonacci Retracement indicator tool a trader can then select this Indices Trading Fib Retracement tool and place it on a stock indices chart so as to determine where the Fibo Retracement Areas are on the Indices Chart.
