Fib Expansion Tutorial

How to Use Fibo Expansion Levels

Steps: Fibonacci Expansion Indices Indicator isn't highligthed by default on MetaTrader 4 settings, if the Fibo Expansion Indicator Tool does not appear in your MetaTrader 4 software: follow the steps below to add the How to Use Fibo Expansion in Indices Trading - Fib Expansion Tutorial Tool on MetaTrader 4:

1. MT4 Line Studies Tool Bar - How to Use Fibo Expansion in Indices Trading - Fibo Expansion Tutorial

How to Use Fibo Expansion in Indices Trading - Fibo Expansion Tutorial

2. Customize Line Studies ToolBar - How to Use Fibo Expansion in Indices Trading - How to Use Fibo Expansions - Fibo Expansion Guide

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

How to Use Fibo Expansion in Indices Trading - Fibo Expansion Tutorial

3. Place This Fibo Expansion Tool in MetaTrader 4 - How to Use Fibo Expansion in Indices Trading - How to Use Fibo Expansions - Fibo Expansion Guide

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

Place Fibo Expansion Tool on MT4 - How to Use Fibo Expansion in Indices Trading - Fibo Expansion Tutorial

4. Fib Expansion Indicator Added - How to Use Fibo Expansion in Indices Trading - How to Use Fibo Expansions - Fibo Expansion Guide

How to Use Fibo Expansion in Indices Trading - Fibo Expansion Tutorial

One can then choose the Fibo Extension Levels MetaTrader 4 Indicator shown above in the MT4 software and then use this Fibo Expansion tool to place this indicator in the stock indices chart and use this Fibo Expansion indicator tool to determine the Fibo Expansion Levels on the stock indices charts.