How Do I Use Fibo Retracement Levels on MT5 Software?

How Do I Use Fibonacci Retracement Levels on MT5 Online?

The procedure on how to use Fibonacci Retracement Levels Indicator on MT5 is described below:

Fib Retracement Levels Indicator on the MT5 platform will automatically draw the price retracement areas on a chart once this Fib retracement levels indicator is placed on the chart.

To add this Fibo 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 Indicator on the MT5 platform this technical tool can then be accessed from 'MetaTrader 5 Line Studies Tool Bar' as shown on the example shown and described below.

How Do You Use Fibo Retracement Levels in MT5 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 tops left corner of MT5 next to file, then click 'Tool-Bars' - Then Check 'Line Studies'.

Interpret & Use Fibonacci Retracement Levels on MetaTrader 5?