Gold Trading Fibonacci Strategy

Fibonacci Expansion Strategy

Steps: Fibo Expansion Gold Indicator is not displayed by default on MetaTrader 4 settings, if the Fibonacci Expansion Indicator Tool does not appear on your MetaTrader 4 platform: follow the steps below to add the Fibonacci Expansion Strategy - Fibo Strategy - Fibonacci Expansion Strategy Tool on MT4:

1. MetaTrader 4 Line Studies Tool Bar - Fibo Expansion Strategy - Fib Strategy - Fibonacci Expansion Strategy

How to Draw Gold Trading Fib Extension in MT4 - Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Strategy

2. Customize Line Studies Tool bar - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy

Right-click the Customize button key (shown below) >>> A drop-down menu pops up, Select Customize >>>

Customize Line Studies Toolbar - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy

3. Place This Fibonacci Expansion Indicator on MetaTrader 4 - Fibonacci Expansion Strategy - Fibonacci Expansion Strategy

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

Place Fibonacci Expansion Indicator on MT4 - Fibonacci Expansion Strategy - Fibo Strategy - Fibonacci Expansion Strategy

4. Fibonacci Expansion Indicator Added - Fib Expansion Strategy - Fib Trading Strategy - Fibonacci Expansion Strategy

Fibonacci Expansion Indicator Added - Fib Expansion Strategy - Fib Strategy - Fibonacci Expansion Strategy

A trader can then choose the Fibonacci Expansion Levels MT4 Indicator shown above in the MT4 platform & then use this Fibonacci Expansion tool to place this indicator on the gold chart and use this Fib Expansion indicator to determine the Fib Expansion Levels on the xauusd charts.