How to Draw Gold Trading Fib Extension on MetaTrader 4
How Do I Draw XAUUSD Trading Fibonacci Extensions?
Steps: Fibo Extension Levels tool indicator is not displayed by default on MetaTrader 4 settings, if Fib Extension Technical Indicator Tool is not appearing on your MT4 platform, (no need for you to download this Fibo Extension technical indicator) then locate 'MetaTrader 4 Line Studies Toolbar' shown below & follow the steps below to add the Fibo Extension Levels Indicator Tool in MetaTrader 4:
1. MetaTrader 4 Line Studies ToolBar - How Do I Draw Fibo Extension Levels in MetaTrader 4?
How to Draw Gold Trading Fib Extension in MetaTrader 4 - How to Draw Fibonacci Extension in MT4
2. Customize Line Studies Toolbar - How to Draw Fibonacci Extension Levels in MetaTrader 4
Right-click the Customize button key (shown below) >>> A drop-down menu pops up, 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 Indicator on MetaTrader 4 Gold Charts
Select the Fibo 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 Indicator on MT4 XAUUSD Charts
4. Fibonacci Extension Technical Indicator Added - How to Add Fibonacci Extension Indicator on MT4
Fibonacci Extension Technical Indicator Added - How to Add Fibonacci Extension Indicator on MT4
How Do I Draw XAUUSD Trading Fibonacci Extensions?
A trader can then choose the Fibonacci Extension Technical Indicator Tool shown above on the MT4 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.
