Gold Trading Fibonacci Strategy

Fibonacci Expansion Strategy

Steps: Fibonacci Expansion Gold 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 Fibonacci Expansion Strategy - Fibo Strategy - Fibonacci Expansion Gold Trading Strategy Tool on MetaTrader 4:

1. MT4 Line Studies ToolBar - Fibonacci Expansion Strategy - Fib Strategy - Fibonacci Expansion Gold Trading Strategy

How to Draw Gold Trading Fib Extension on MetaTrader 4 - Fibonacci Expansion Strategy - Fibonacci Strategy - Fibonacci Expansion Gold Trading Strategy

2. Customize Line Studies Toolbar - Fibonacci Expansion Strategy - Fibonacci Expansion Gold Trading Strategy

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

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

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

Select the Fibonacci Expansion Indicator tool from the popup 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 Gold Trading Strategy

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

Fibonacci Expansion Indicator Added - Fibonacci Expansion Strategy - Fib Strategy - Fibonacci Expansion Gold Trading Strategy

A gold trader can then choose the Fibonacci Expansion Levels MetaTrader 4 Gold Indicator shown above on the MetaTrader 4 platform and then use this Fibonacci Expansion tool to place this indicator on the gold chart and use this Fibonacci Expansion indicator to determine the Fibonacci Expansion Levels on the xauusd charts.