Fibonacci Expansion Tutorial

How to Use Fibonacci Expansion Levels

Steps: Fibonacci Expansion Indices Indicator is not displayed by default in MetaTrader 4 settings, if the Fibonacci Expansion Indicator Tool does not appear on your MT4 platform: follow the steps below to add the How to Use Fibonacci Expansion in Indices Trading - Fibonacci Expansion Tutorial Tool on MetaTrader 4:

1. MT4 Line Studies ToolBar - How to Use Fibonacci Expansion in Indices Trading - Fibonacci Expansion Tutorial

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

2. Customize Line Studies Toolbar - How to Use Fibonacci Expansion in Indices Trading - How to Use Fibonacci Expansions - Fibonacci Expansion Tutorial

Right click the Customize button (shown below) >> A drop down menu appears, Select Customize >>

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

3. Place This Fibonacci Expansion Tool on MetaTrader 4 - How to Use Fibonacci Expansion in Indices Trading - How to Use Fibonacci Expansions - Fibonacci Expansion Tutorial

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

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

4. Fibonacci Expansion Indicator Added - How to Use Fibonacci Expansion in Indices Trading - How to Use Fibonacci Expansions - Fibonacci Expansion Tutorial

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

A indices trader can then select the Fibonacci Expansion Levels MetaTrader 4 Indices Indicator shown above on the MetaTrader 4 platform and then use this Fibonacci Expansion tool to place this indicator on the stock indices chart and use this Fibonacci Expansion indicator to determine the Fibonacci Expansion Levels on the stock indices charts.