How Do I Use Fibo Retracement Levels on MetaTrader 5 Software Platform?
How Do I Use Fibonacci Retracement Levels on MT5 Online?
The procedure on how to use Fibonacci Retracement Levels Trading Indicator on MT5 is illustrated below:
Fib Retracement Levels Indicator on the MetaTrader 5 software will automatically draw the price retracement areas on a chart once this Fib retracement levels indicator is placed on the trading chart.
To add this Fibo Retracement Levels indicator on the MetaTrader 5 software, 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 MT5
After adding Fibonacci Retracement Levels Indicator on the MetaTrader 5 software this technical tool can then be accessed from 'MetaTrader 5 Line Studies Tool-bar' as shown on the example illustration shown and explained below.
How Do You Use Fibo Retracement Levels in MetaTrader 5 Platform Software?
This Fib Retracement levels tool is located on MT5 platform (Line Studies Tool-Bar) - to go to this MT5 line studies tool-bar click 'View' button at the top left corner of MT5 next to file, then click 'Tool Bars' - Then Tick 'Line Studies'.
Interpret & Use Fibonacci Retracement Levels on MetaTrader 5?
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