How Do I Use XAUUSD Trading Fib Retracement Levels on MT5 Software?

How Do I Use Fibonacci Retracement Levels on XAUUSD MT5 Online?

The procedure on how to use Fibonacci Retracement Levels Indicator in MetaTrader 5 is described below:

Fibonacci Retracement Levels Technical Indicator on the MT5 platform will automatically draw the xauusd price retracement zones on a gold chart once this Fibo retracement levels indicator is placed on the xauusd chart.

To add this Fibonacci Retracement Levels indicator on the MT5 platform, you can use the following MT5 platform short cut method:

1. Click Insert 2. Click Fibonacci 3. Click Retracement

How Do You Use Fibonacci Retracement Levels on MetaTrader 5

After adding Fibonacci Retracement Levels Technical Indicator on the MT5 platform this gold technical indicator can then be accessed from 'MetaTrader 5 Line Studies Tool Bar' as shown on the xauusd trading example illustrated and explained below.

How Do You Use XAUUSD Trading Fib Retracement Levels in MetaTrader 5 Software?

This Fibonacci Retracement levels gold trading tool is located on MT5 platform (Line Studies Tool Bar) - to go to this MT5 line studies tool bar click 'View' button at the tops left corner of MT5 platform next to file, then click 'Toolbars' - Then Check 'Line Studies'.

Interpret & Use Fibonacci Retracement Levels on MetaTrader 5?