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