How to Draw Commodity Fibo Projection on MT4 Platform
How to Add Fibonacci Projection Technical Indicator Tool on MT4 Software
Steps: Fibonacci Projection Levels tool is not displayed by default on MetaTrader 4 software settings, if Fibonacci Projection Technical Indicator Tool does not appear on your MT4 commodities trading platform, (no need to download this Fibonacci Projection indicator) then locate the 'MetaTrader 4 Line Studies Toolbar' shown below and follow the steps below to add the Fibonacci Projection Levels Idicator Tool in MT4:
1. MT4 Line Studies ToolBar - Draw Fibonacci Projection Levels on MT4 Software?
How to Draw Commodity Trading Fib Projection in MetaTrader 4 Software - How to Draw Fibonacci Projection on MT4 Platform
2. Customize Line Studies Tool bar - How to Draw Fibonacci Projection Levels in MetaTrader 4 Platform
Right click Customize button key (shown and illustrated below) >>> A drop down menu appears, Select Customize >>>
Customize Line Studies Tool-bar - How to Draw Fibo Projection Indicator in MT4
3. Place This Fibonacci Projection Tool in MetaTrader 4 Software - How to Draw Fibonacci Projection Commodity Technical Indicator Tool on MT4 Commodity Trading Charts
Select the Fib Projection Technical Indicator tool from the pop up window which will then appear >>> Click Insert button >>> Click Close. (Shown Below)
Place Fibonacci Projection Tool in MetaTrader 4 Platform -How to Draw Fibonacci Projection Commodity Indicator Tool in MT4 Commodities Trading Charts
4. Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Tool on MT4 Software
Fibonacci Projection Indicator Added - How to Add Fibonacci Projection Tool on MT4 Software
Trading Commodity Draw Fibonacci Projections
A trader can then choose the Fibo Projection Technical Indicator Tool shown above on the MT4 platform & then use this Fibonacci Projection tool to place this indicator on the commodities chart and use this Fib Projection tool to determine the Fib Projection Levels on the commodities charts.