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Fibonacci Extension Indicator

Fibonacci Extension Technical Tool on MetaTrader 4

Steps: Fib Extensions tool isn't displayed by default on MT4 settings, if the Fibonacci Expansion Levels Tool doesn't appear in your MT4, (no need to download this Fib Expansion Areas technical indicator) then locate the 'MetaTrader 4 Line Studies ToolBar' illustrated below and follow the steps below to get the Fib Extensions Tool Settings:

1. MT4 Line Studies ToolBar - Set Up Fibonacci Expansion Settings in MetaTrader 4?

Fib Expansion Settings - Fib Extension Setting

BTCUSD Fibo Extension Setting

2. Customize Line Studies ToolBar - Set Up Fibonacci Expansion Settings on MT4?

Right Click Customize button (illustrated & displayed below) >>> A drop-down menu pops up, Select Customize >>>

Fibonacci Extension Bitcoin Trading Tool Settings in MT4 - Fibonacci Extensions Setting

Fibonacci Extension Bitcoin Tool Setting in MT4

3. Place This Tool in MetaTrader 4 -Set Up Fibonacci Expansion Settings in MetaTrader 4?

Choose the Fibo Expansion tool from the popup panel which will then appear >>> Press Insert button >>> Click Close. (Shown Below)

MetaTrader 4 Fibonacci Extension Areas Trading Software Fibonacci Settings - Fibo Extension Setting

MetaTrader 4 Fibonacci Extension Trading Software Fibo Settings

4. Fibonacci Extension Tool Added -Set Up Fibonacci Expansion Settings in MetaTrader 4?

Fibonacci Expansion Setting - Fibo Extension Indicator

Fibonacci Expansion Settings - Fibonacci Expansion Technical Indicator - Fibonacci Extension Bitcoin Tool Setting in MT4

As a trader you can then use the above Fib Extension Tool Button to place the Fib Extension indicator on the chart and to change the settings of the Fib Extension on the chart you can right click the Fibo Extension & choose the properties settings button from the menu which pops up and from this properties settings window you can then change the indicator settings for the MetaTrader 4 Fibonacci Expansion Technical Indicator bitcoin trading tool.

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