How Do I Trade Indices and Use Fibonacci Projection Zones on MetaTrader 4?

How to Use Fibonacci Projection Zones on MetaTrader 4

Setting up Fibonacci Projection Zones on MetaTrader 4

The procedure below explains how to plot Fibo Projection Levels & how to use this Fibonacci Projection Levels Indices Trading Tool.

How Do I Use Fibonacci Projection Levels Indices Tool in MT4?

Steps of Adding Fibo Projection Levels Indices Trading Tool on MetaTrader 4: Fibonacci Projection Levels indicator is not displayed by default in MT4 settings - if the Fibonacci Projection Levels Indices Trading Tool is not shown on your MetaTrader 4 software - then find the "MetaTrader 4 Line Studies Tool bar" as shown below & follow the procedure below to add the Fib Projection Levels Indices Trading Tool:

1. MetaTrader 4 Line Studies Toolbar - How Do I Use Fibonacci Projection Levels Indices Tool in MetaTrader 4?

How to Use Fibo Projection Levels in MT4?

2. Customize Line Studies Tool-bar - How Do You Use Fibonacci Projection Levels Indices Tool on MT4

Right-click Customize button (illustrated & shown below) and a dropdown menu appears, Choose Customize

How to Use Fibo Projection Levels in MT4?

3. Place This Fib Projection Areas Indices Trading Tool on MT4 - How Do I Add Fibonacci Expansion Indices Tool on MT4

Select the Fibo Expansion Indices Tool from the pop up window panel that pops up & Click Insert button and then Click Close.(As Described Below)

How Do You Trade Indices and Use Fibonacci Projection Zones on MetaTrader 4?

4. Fibonacci Expansion Indices Trading Tool Added in MetaTrader 4

How Do You Trade Indices and Use Fibonacci Projection Zones on MetaTrader 4?

How to Use Fibo Projection Levels in MT4?