How to Draw Gold Trading Fib Extension on MetaTrader 4
How Do I Draw XAUUSD Trading Fibonacci Extensions?
Steps: Fibonacci Extension Levels tool is not displayed by default in MetaTrader 4 settings, if the Fibonacci Extension Indicator Tool does not appear on your MetaTrader 4 platform, (no need to download this Fibonacci Extension indicator) then locate the "MT4 Line Studies Toolbar" shown below and follow the steps below to add the Fibonacci Extension Levels indicator Tool on MetaTrader 4:
1. MetaTrader 4 Line Studies ToolBar - How Do I Draw Fibonacci Extension Levels on MetaTrader 4?
How to Draw Gold Trading Fib Extension on MT4 - How to Draw Fibonacci Extension on MetaTrader 4
2. Customize Line Studies Toolbar - How to Draw Fibonacci Extension Levels on MT4
Right click the Customize button (shown below) >> A drop down menu appears, Select Customize >>
Customize Line Studies Toolbar - How to Draw Fibonacci Extension Indicator on MetaTrader 4
3. Place This Fibonacci Extension Indicator on MT4 - How to Draw Fibonacci Extension Technical Indicator on MetaTrader 4 Gold Charts
Select the Fibonacci Extension Indicator tool from the popup window that will then appear >> Click Insert button >> Click Close. (Shown Below)
Place Fibonacci Extension Indicator on MetaTrader 4 - How to Draw Fibonacci Extension Technical Indicator on MT4 XAUUSD Charts
4. Fibonacci Extension Indicator Added - How to Add Fibonacci Extension Indicator on MT4
Fibonacci Extension Indicator Added - How to Add Fibonacci Extension Indicator on MT4
How Do I Draw XAUUSD Trading Fibonacci Extensions?
A gold trader can then choose the Fibonacci Extension Indicator Tool shown above on the MetaTrader 4 platform and then use this Fibonacci Extension tool to place this indicator on the gold chart and use this Fibonacci Extension tool to determine the Fibonacci Extension Levels on the xauusd charts.
