How to Set Up Fibonacci Expansion Levels on MT4

How to Setup Fibonacci Expansion Indicator on MetaTrader 4

Setting up Stock Indices Fibonacci Expansion Levels on MetaTrader 4 Stock Indices Trading Charts

The steps below explain how to draw Fibonacci Expansion Levels & how to use this Fib Expansion Levels tool.

How to Add This Fibonacci Expansion Levels Tool on MetaTrader 4

Steps: Fibonacci Expansion Levels tool is not shown by default on MT4 settings, if the Fib Expansion Levels Tool does not appear on your MetaTrader 4 software, (no need for you to download this Fib Expansion Areas indicator) then find 'MT4 Line Studies Tool-bar' shown below and follow the steps below to set the Fib Expansion Levels Tool:

1. MetaTrader 4 Line Studies ToolBar - How Do I Setup Fibonacci Expansion Levels on MetaTrader 4?

MetaTrader 4 Line Studies Tool-Bar - How Do You Setup Fibonacci Expansion Levels on MetaTrader 4?

2. Customize Line Studies Tool Bar - How to Setup Fibonacci Expansion Levels in MetaTrader 4

Right-click Customize button (illustrated and displayed below) >>> A dropdown menu appears, Select Customize >>>

How to Set Up Fibonacci Expansion Levels in MetaTrader 4

3. Place This Tool on MetaTrader 4 - How to Setup Fib Expansion Indicator in MT4

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

How to Setup Fibonacci Expansion Indicator on MT4

4. Fibonacci Expansion Tool Added - Setup Fibonacci Expansion Tool on MT4

Setup Fibonacci Expansion Tool on MT4