How Do I Place Fibonacci Extension Levels on MT5?

XAUUSD Trading Place Fibonacci Extension Levels on MT5

Setting up Fibonacci Extension Levels on MT5

The xauusd trading step by step guide below explains how to draw Fibonacci Extension Levels and how to use this Fibonacci Extension Levels Technical Indicator.

Place Fibonacci Extension Levels Technical Indicator on MT5

Steps of Adding Fibonacci Extension Levels Technical Indicator on MT5: Fibonacci Extension Levels indicator is not displayed by default in MT5 settings - if the Fibonacci Extension Levels Indicator does not appear on your MT5 platform - then locate the "MT5 Line Studies Toolbar" as shown below and follow the procedure below to add the Fibonacci Extension Levels Gold Indicator:

1. MT5 Line Studies Toolbar - Place Fibonacci Extension Levels Technical Indicator on MT5?

Place Fibonacci Extension Levels on MT5 - How to Place Fibonacci Extension Levels on MT5?

2. Customize Line Studies Toolbar - Place Fibonacci Extension Levels Technical Indicator on MT5

Right click the Customize button (shown below) and a drop down menu appears, Select Customize

Place Fibonacci Extension Levels on MT5 - How to Place Fibonacci Extension Levels on MT5?

3. Place This Fibonacci Extension Levels Technical Indicator on MT5 - How Do I Add Fibonacci Expansion Technical Indicator on MT5

Select the Fibonacci Expansion XAUUSD Indicator from the popup window that appears and Click Insert button and then Click Close.(As Explained Below)

Gold Trading Place Fibonacci Extension Levels on MT5 Software Platform?

4. Fibonacci Expansion Technical Indicator Added on MT5

Gold Trading Place Fibonacci Extension Levels on MT5?

Interpret and Place Fibonacci Extension Levels on MT5