How Do I Draw Fibonacci Extension on MT5?

How Do I Draw Fibonacci Extension in MT5 XAUUSD Trading?

How Do I Draw Gold Trading Fib Extensions?

Steps to Place MT5 Fibo Extension Zones technical indicator: Fibonacci Extension Levels tool indicator is not displayed by default on MT5 settings, if Fib Extension Technical Indicator isn't appearing on your MetaTrader 5 platform, (no need for you to download this MetaTrader 5 Fibonacci Extension technical indicator) then find the "MT5 Line Studies Tool-bar" shown below and follow steps below to add the MT4 Fibo Extension Areas Technical Indicator on MetaTrader 5:

1. MT5 Line Studies ToolBar - Draw MT5 Fibonacci Extension Levels on MT5?

How Do You Draw Fibo Extension in MetaTrader 5

2. Customize Line Studies Tool-bar - Draw MetaTrader 5 Fib Extension Levels on MetaTrader 5

Rightclick the Customize button (displayed below) >>> A drop-down menu pops up, Select Customize >>>

How Do I Draw Fibonacci Extension on MT5?

3. Place This MT5 Fibonacci Extension Indicator in MetaTrader 5 - How Do I Draw Fibonacci Extension Indicator in MetaTrader 5 Gold Charts

Select the MetaTrader 5 Fibo Extension Technical Indicator from the pop up window that will then appear >>> Click Insert button >>> Click Close. (MT5 Fib Extension Technical Indicator Shown Below)

Place Fibonacci Extension Indicator in MetaTrader 5 - How Do I Draw Fibonacci Extension Indicator in MetaTrader 5 Gold Charts

4. Fibonacci Extension Technical Indicator Added - Trading XAUUSD Add MT5 Fibonacci Extension Indicator on MT5>->

Interpret & Draw Fibonacci Extension in MT5 Software?

Draw MT5 Fibonacci Extension Indicator

A trader can then choose the Fibonacci Extension Indicator shown above on the MT5 platform and then use this Fibonacci Extension tool to place this gold indicator on the xauusd chart & use this Fibonacci Extension tool to determine the Fibonacci Extension Levels on the xauusd charts.

How Do You Draw Fibo Extension in MT5