Fibonacci Retracement Indices Trading Tool Settings on MT4

To get Fibonacci Retracement Indicator settings on the MetaTrader 4 platform, you can use the following stock indices trading step by step guide:

1. Click "Insert"2. Click "Fibonacci"3. Click "Retracement"

Fibonacci Retracement Indices Trading Tool Settings on MT4

After adding Fibonacci Retracement Indicator tool on the MetaTrader 4 platform the indicator is shown on the stock indices trading example explained and illustrated below - this Fibonacci retracement indicator can then be accessed from "MT4 Line Studies Tool Bar" as shown on the stock indices trading example explained and illustrated below. Traders can then place this Fibonacci Retracement Indicator on the stock indices chart and change the Fibonacci Retracement Indicator Settings by Right Clicking on this indicator on the MT4 Platform and then select indicator properties and then change the Fibonacci Indicator settings from the properties popup window that appears.

How to Draw Fibonacci Stock Indices Indicator Tool on MetaTrader 4 Indices Charts

This Fibonacci Retracement indicator is located on MT4 (Line Studies Toolbar), to go to this line studies toolbar click "View" at the top left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies".