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

How Do I Draw Fibonacci Retracements?

To draw Fibonacci Retracement indicator on the MT4 platform, you can use the following stock indices trading step by step guide:

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

How to Draw Fibonacci Retracement on MT4

How Do I Draw Fibonacci Retracements Levels?

After adding this Fibonacci Retracement Indicator tool on the MetaTrader 4 platform - 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.

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".

From the above MetaTrader 4 Fibonacci Retracement indicator tool a indices trader can then select this Indices Trading Fib Retracement tool and place it on a stock indices chart so as to determine where the Fibonacci Retracement Levels are on the Indices Chart.