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 Extension Levels Tool does not appear in your Meta Trader 4, (no need to download this Fib Extension Areas 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 Extension Settings in MetaTrader 4?

BTCUSD Fibo Extension Setting

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

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

Fibonacci Extension Bitcoin Tool Setting in MT4

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

Select the Fibo Extension tool from the pop up window which will then appear >>> Click Insert button >>> Click Close. (Shown Below)

MetaTrader 4 Fibonacci Extension Trading Software Fibo Settings

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

Fibonacci Extension Settings - Fibonacci Extension 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 that appears and from this properties settings window you can then change the indicator settings for the MetaTrader 4 Fibonacci Extension Indicator bitcoin trading tool.