Fibonacci Retracement Settings
To get Fibonacci Retracement Technical Indicator settings on the MetaTrader 4 platform, you can use the following xauusd step by step lesson:
1. Click "Insert"2. Click "Fibonacci"3. Click "Retracement"
Fibonacci Retracement Settings - Fibonacci Retracement Technical Indicator - Fibonacci Retracement Gold Tool Settings in MT4
After adding Fibonacci Retracement Technical Indicator tool on the MetaTrader 4 platform the indicator is shown on the xauusd trading example illustrated and explained below - this Fibonacci retracement technical indicator can then be accessed from "MT4 Line Studies Tool Bar" as shown on the xauusd trading example illustrated and explained below. Traders can then place this Fibonacci Retracement Technical Indicator on the gold chart and change the Fibonacci Retracement Technical Indicator Settings by Right Clicking on this indicator in MetaTrader 4 Platform and then select indicator properties and then change the Fibonacci Indicator settings from the properties popup window that appears.
How to Draw Fib Gold Indicator on MetaTrader 4 Gold Charts
This Fib Retracement indicator is located on MT4 (Line Studies Toolbar), to navigate to this line studies toolbar click "View" button at tops left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies".