Fibonacci Expansion Indicator

Fibonacci Expansion Indicator Tool on MT4

Steps: Fibo Expansion Levels tool is not displayed by default in MT4 settings, if the Fibonacci Expansion Levels Tool does not appear on your MetaTrader 4, (no need to download this Fibonacci Expansion Levels indicator) then locate the "MetaTrader 4 Line Studies Toolbar" shown below and follow the steps below to get the Fibonacci Expansion Levels Tool Settings:

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

Fibonacci Expansion Settings - Fibonacci Expansion Indicator Tool on MetaTrader 4

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

Right click the Customize button key (illustrated and shown below) >>> A drop-down menu appears, Select Customize >>>

Customize Line Studies Toolbar - Fibonacci Expansion XAUUSD Tool Settings on MetaTrader 4

3. Place This Tool on MT4 -Set Up Fibonacci Expansion Settings on MT4?

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

Place This Tool on MT4 - MT4 Fibonacci Expansion Software Fibo Settings

4. Fibonacci Expansion Tool Added -Set Up Fibonacci Expansion Settings on MT4?

Fibonacci Expansion Tool Added - Fibonacci Expansion Settings - Fibonacci Expansion XAUUSD Tool Settings on MetaTrader 4

As a trader you can then use the above Fibonacci Expansion Tool Button to place the Fibonacci Expansion indicator on the gold chart and to change the settings of the Fibonacci Expansion on the gold chart you can right click on the Fibonacci Expansion indicator & choose the properties settings button from the menu that appears and from this properties settings window you can then change the xauusd indicator settings for the MT4 Fibo Expansion Indicator xauusd tool.