How to Draw Fibonacci Extension on MetaTrader 4
How Do I Draw Bitcoin Trading Fib Extensions?
Steps: Fibonacci Extension Levels tool is not displayed by default in MT4 settings, if the Fibonacci Extension Technical Indicator Tool does not appear on your MT4 software, (no need to download this Fibonacci Extension technical indicator) then locate the "MT4 Line Studies Toolbar" shown below and follow the steps below to add the Fibonacci Extension Areas Indicator on MT4:
1. MT4 Line Studies Tool-Bar - How Do You Draw Fibo Extension Levels on MT4?
How to Draw Bitcoin Fibo Extension in MT4 - How to Draw Fibonacci Extension on MT4
2. Customize Line Studies Tool Bar - How to Draw Fibonacci Extension Levels on MetaTrader 4
Right click the Customize button key (illustrated & shown below) >>> A drop down menu appears, Select Customize >>>
How to Draw Fibonacci Extension Indicator on MT4
3. Place This Fibonacci Extension Indicator in MT4 - How to Draw Fibonacci Extension Bitcoin Technical Indicator Tool on MT4 Bitcoin Charts
Select the Fibo Extension Indicator tool from the pop up window panel which will then appear >>> Click Insert button key >>> Click Close. (Shown Below)
Place Fibonacci Extension Indicator in MetaTrader 4 - How to Draw Fibonacci Extension Bitcoin Technical Indicator Tool in MT4 Cryptocurrency Charts
4. Fibonacci Extension Technical Indicator Added - How to Add Fibonacci Extension Indicator in MetaTrader 4
Fibonacci Extension Technical Indicator Added - How to Add Fibonacci Extension Indicator in MetaTrader 4
How Do I Draw Bitcoin Trading Fibonacci Extensions?
A trader can then select 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 cryptocurrency chart & use this Fibonacci Extension tool to determine the Fibonacci Extension Levels on the bitcoin charts.
